The European Raw Materials Alliance (https://erma.eu/) was established in 2020 as part of the EU Critical Raw Materials Action Plan and the publication of the EU Critical Raw Materials List 2020. The main goal of ERMA is to reduce the dependence of European consumers of mineral resources on third countries, to diversify supplies from both primary and secondary sources and to improve resource efficiency.
The ERMA network includes hundreds of geological, mining, consulting companies and partners specializing in the extraction, processing and use of critical minerals.
Participation in the activities of the European Raw Materials Alliance gives us the opportunity to expand cooperation with European geological and mining companies, laboratories and universities that are partners of the Alliance.
The drilling program was approved and a tender for drilling works was held
The drilling program was approved and a tender for drilling works was held. The contractor is planned to be a Turkish drilling company, which has a positive reputation in Ukraine. Geological support will be provided by Ukrainian company Geological Service Company LLC. Completion of the drilling program is scheduled for 4 quarter of this year.
Nonferrous Metals of Ukraine LLC is planning a drilling program with a total scope of about 1,500 m
Nonferrous Metals of Ukraine LLC is planning a drilling program with a total scope of about 1,500 m with corresponding geological logging, a complex of geophysical logging and analytical tests. Increase of resource confidence categories, confirmation of resource quantity and quality in accordance with the requirements of international standards (JORC or NI-43-101) is expected.
Performed a preliminary geological and economic assessment of the Prutivka Project
In 2020, LLC Nonferrous Metals of Ukraine performed a preliminary geological and economic assessment of the Prutivka Project on the basis of historical data and prepared an appropriate report. The reserves and resources were approved by the State Commission of Ukraine on Mineral Resources (Minutes No. 5160 of August 27, 2020).
Based on the historical data, a three-dimensional geological model of the project
Based on the historical data, a three-dimensional geological model of the project, which reflects the location of the main types of rocks, was created. The model is used as a geological basis for resource estimation and further exploration design. The creation of a resource block model allowed to estimate the resources using different cut-off grades of nickel equivalent.
LLC Nonferrous Metals of Ukraine purchased the rights to use geological information
LLC Nonferrous Metals of Ukraine purchased the rights to use geological information on the Prutivka deposit in accordance with the agreement with the State Service of Geology and Subsoil of Ukraine No. 3/11 dated 20.02.2019.
The works on the geological and economic assessment of sulfide copper-nickel Prutivka deposit
The works on the geological and economic assessment of sulfide copper-nickel Prutivka deposit are registered in the SSPE “Geoinform of Ukraine” (Form 3-gr, State registration number of the object U-19-81/1).
LLC Nonferrous Metals of Ukraine purchased a special permit
LLC Nonferrous Metals of Ukraine purchased a special permit for geological exploration, including test mining, of the Prutivka Project at an public auction.