Demesne Resources Takes Initial Steps on IMA Mine Tungsten Project
Demesne Resources Ltd. has recently announced its strategic move to compile historical information regarding the IMA Mine Project. This endeavor is crucial, as it lays the groundwork for developing a comprehensive Technical Report on the property.
Collaboration with Mining Experts
To propel this effort forward, Demesne has partnered with A-Z Mining Professionals, a well-respected consultancy firm in the mining industry. Known for their expertise in tungsten and other minerals, they will assist Demesne in preparing a 43-101 Technical Report. This initiative involves leveraging their vast experience in open pit and underground mining methods tailored for narrow vein and bulk mining practices.
On-Site Data Compilation
Currently, Qualified Persons (QPs) are on a site visit, alongside Demesne's geology staff and contractors. Their mission is to gather valuable historical data and evaluate drill core samples from past exploration activities. This collaborative effort aims to catalog significant records that contribute to the overall understanding of the site.
Resources Snapshot
The IMA Mine itself is a previous underground tungsten production site located on 22 patented claims. The mine has a rich history of production, having yielded approximately 199,449 metric tons of tungsten trioxide (WO3) between 1945 and 1957. Additionally, various operators explored the site for molybdenum and tungsten from 1960 through 2008.
Available Historical Data for Development
The extensive historical data accessible for this project includes key resources:
- Drillhole data sets that encompass documentation, surveys, and assay certificates from Bradley, Inspiration, Gentor, and others.
- A collection of detailed underground maps recording historical developments, drilling, sampling, and survey sites dating back to the 1950 Bradley and 1980s Inspiration efforts.
- Various company reports and records that document historical production figures and metallurgical studies.
- Digital files that feature historical scans, CAD data, and a comprehensive drillhole database.
The Path Forward for Demesne Resources
Murray Nye, the CEO of Demesne Resources Ltd., expressed enthusiasm about the wealth of historical data that exists for the IMA Mine. This information is seen as crucial for advancing the project swiftly towards development. The Company is dedicated to continuing its work on digitizing and verifying historical information, which supports their goal of developing a 43-101 compliant Mineral Resource.
About Demesne Resources Ltd.
Based in British Columbia, Demesne Resources Ltd. specializes in acquiring and exploring magnetite mineral properties. Their primary endeavor, the Star Project, includes five contiguous mineral titles spanning approximately 4,615.75 hectares in the Skeena Mining Division. Furthermore, the Company has entered an option agreement allowing them to potentially secure a 100% interest in both the Star Project and the IMA Mine Project.
Staying Connected
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Frequently Asked Questions
What is the IMA Mine Project?
The IMA Mine Project is a former underground tungsten mine located in Idaho, which is now being explored and assessed for its mining potential.
Who is preparing the Technical Report for the IMA Mine?
A-Z Mining Professionals has been contracted by Demesne Resources to develop the 43-101 Technical Report.
What historical data is available for the IMA Mine?
Available data includes drillhole records, underground maps, historical production reports, and digital datasets to aid project planning.
What are the future plans for Demesne Resources?
Demesne aims to digitize historical records, develop a compliant Mineral Resource, and initiate project planning and sampling activities.
How can I contact Demesne Resources for more information?
For inquiries, you can reach Murray Nye, CEO, via email at ir@demesneresources.com or call +1 (416) 300-7398.
