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Viridis Unveils 200.6Mt Maiden Reserve, Doubling Colossus Mine Life to 40 Years
8:16pm on Friday 29th of August, 2025 AEST
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Mining
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Viridis Unveils 200.6Mt Maiden Reserve, Doubling Colossus Mine Life to 40 Years
8:16pm on Friday 29th of August, 2025 AEST
Key Points
Maiden JORC Probable Ore Reserve of 200.6Mt at 2,640ppm TREO and 740ppm MREO
Reserve supports a 40-year mine life with a low strip ratio of 0.45, 1
Reserve conversion based solely on Measured and Indicated Resources, excluding Inferred material
Sustainable mining with progressive in-pit backfilling and no conventional tailings storage
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VIRIDIS MINING AND MINERALS (ASX:VMM)
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