Firebird Metals Limited (ASX: FRB) has achieved a significant milestone, with the company delivering an impressive Scoping Study to produce manganese concentrate at its flagship Oakover Project in Western Australia.
Firebird Metals Limited (ASX: FRB) has achieved a significant milestone, with the company delivering an impressive Scoping Study to produce manganese concentrate at its flagship Oakover Project in Western Australia.
Completion of the Scoping Study follows the recent and significant 170% increase in the Oakover Mineral Resource Estimate (MRE) to 172 Mt @ 9.9% Mn (7% Mn cut-off).
“The excellent results from the scoping study have confirmed the outstanding potential of our flagship Oakover project and the exciting opportunity to establish a significant, long-term WA manganese operation that will deliver significant value to all our stakeholders,” Managing Director, Peter Allen, said.
“The sizeable MRE upgrade at Oakover from our successful maiden drill programme enabled the opportunity for Firebird to consider large-scale production over a long life of mine.
“We believe Oakover has all the necessary requirements and characteristics which include resource size, near-surface, gently dipping geology and multiple processing options, provide a suitable production pathway, which If successfully executed and developed, will ultimately deliver superior long-term value and position Firebird as key supplier of high-quality manganese to a growing market.
“I am very proud of the effort from our team to deliver the Scoping Study and furthermore, the performance and progression of the company since we listed a little over a year ago. We are dedicated and focused on executing our growth strategy at Oakover and importantly, continue to tick the boxes required to progress towards the development stage.
“The future is very exciting for Firebird and we look forward to updating the market as we achieve further milestones in the busy months ahead.”
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