ASX:MMI – Bauxite Hills Mine Updates Resource Base with 114.4Mt Total Resource and 77.7Mt Reserve

ByUninformed Investors

May 23, 2025 #aluminum industry, #bauxite mining, #geological assessment, #geological data, #geological exploration, #geological modeling, #geological resources, #geological surveys, #JORC Compliance, #mineral deposits, #Mineral Exploration, #mineral resources, #mining analysis, #mining assets, #mining compliance, #mining depletion, #mining development, #mining documentation, #mining economics, #mining efficiency, #mining industry, #mining infrastructure, #mining methodology, #mining operations, #mining performance, #mining practices, #mining projects, #mining regulations, #mining standards, #mining strategy, #mining sustainability, #mining technology, #operational updates, #ore reserves, #resource assessment, #resource classification, #Resource Development, #resource estimation, #resource evaluation, #resource maintenance, #resource management, #resource optimization, #resource planning, #resource quality, #resource reporting, #resource validation, #resource verification

Metro Mining Limited provides an update on its JORC-compliant Ore Reserve and Resource estimates for the Bauxite Hills Mine as of December 31, 2024. The revision accounts for mining activities during 2024, with no new resources added due to lack of exploration activities.

Key Highlights:

Total Resource estimate of 114.4Mt (dry), down 4.3Mt from December 2023
Total Reserve estimate of 77.7Mt (wet), decreased by 5.5Mt from May 2024
Resource categories include:
- Measured: 55.2Mt at 49.8% Al2O3
- Indicated: 40.0Mt at 49.1% Al2O3
- Inferred: 19.2Mt at 45.4% Al2O3
Reserve categories include:
- Proved: 49.3Mt at 49.9% Al2O3
- Probable: 28.3Mt at 49.6% Al2O3

The update reflects normal mining depletion with no additional resource conversion or exploration undertaken during 2024. The resource continues to support the company’s mining operations and growth plans.