Vault Minerals (ASX:VAU) updated the overall mineral resource and ore reserve estimates for its operations in Western Australia and Canada, according to a Tuesday filing with the Australian bourse.
The miner said in the filing that the group mineral resource stands at 155 million tonnes of material at 2.5 grams per tonne (g/t) grade of gold for 12.3 million gold ounces. The mineral resource also includes 15,000 tonnes of copper.
The filing added that the group ore reserve is 84.5 million tonnes of material at 1.3 g/t gold for 3.4 million gold ounces. The ore reserve also includes 2,300 tonnes of copper.
Vault Minerals' shares slipped almost 1% in recent Tuesday trade.
Price (AUD): $0.39, Change: $-0.0030, Percent Change: -0.77%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.