Black Mountain releases vermiculite resource

By Davide Ghilotti
Published: Monday, 12 December 2016

The company will plan the update of the existing mining facilities at the Namekara vermiculite site on the basis of the mineral resource estimate released today.

Australian developer Black Mountain Resources has completed its maiden mineral resource of its recently-purchased Namekara vermiculite mine in Uganda, the company announced to the ASX on 12 December.

According to the maiden Jorc estimate, carried out by consultant CSA Global, Namekara hosts 61.9m tonnes ore at 18.2% vermiculite, resulting in 11.3m tonnes...

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