The Vaalkop Project is Lukin’s priority South African asset and includes the Salt River polymetallic deposit that hosts a JORC resources (1% Zn cut-off) of 24 Mt at 1.8% Zn, 0.58% Cu, 0.59 g/t Au, 0.43% Pb and 19.9 g/t Ag, including 10 Mt at 2.35% Zn, 0.61% Cu, 0.46 g/t Au, 0.59% Pb and 27 g/t Ag (2% Zn cut-off).
The Vaalkop Project, which includes the Salt River deposit, is a single granted Prospecting Right, namely NC 30/5/1/1/2/12039 PR, which covers the commodities copper (Cu), lead (Pb), zinc (Zn), gold (Au) and silver (Ag) over an area of 50.4 km2. Lukin Resources has a 74% interest in Vaalkop, via the South African subsidiary Malmani Resources (Pty) Ltd.
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