Siv­iour DFS work pro­gresses

The Australian Mining Review - - NEWS:EXPLORERS ON THE MOVE -

IN­FILL drilling has com­menced at Re­nascor Re­sources’ Siv­iour graphite project in South Aus­tralia as part of a De­fin­i­tive Fea­si­bil­ity Study (DFS) un­der­way.

The drilling pro­gram aims to ex­pand the Min­eral Re­source in near-sur­face, high-grade zones, and pro­duce fur­ther cus­tomer sam­ple ma­te­rial.

“Con­cur­rently with the drill pro­gram, Re­nascor will con­tinue work on ad­di­tional Siv­iour DFS work pro­grams, in­clud­ing op­ti­mi­sa­tion min­eral process test­ing, de­tailed en­gi­neer­ing and pro­cure­ment, reg­u­la­tory ap­provals and off­take and mar­ket­ing ne­go­ti­a­tions,” the com­pany stated.

Re­nascor is fully funded to com­ple­tion of the DFS, which will sub­se­quently lead to a de­ci­sion to mine.

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