{"id":417621,"date":"2021-01-20T07:03:25","date_gmt":"2021-01-20T12:03:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=417621"},"modified":"2021-01-20T07:03:25","modified_gmt":"2021-01-20T12:03:25","slug":"clean-air-metals-announces-a-mineral-resource-for-the-thunder-bay-north-project-including-a-total-indicated-resource-of-16285396-tonnes-at-an-average-grade-of-3-5-g-t-pdeq-containing-1834158-ounce","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/clean-air-metals-announces-a-mineral-resource-for-the-thunder-bay-north-project-including-a-total-indicated-resource-of-16285396-tonnes-at-an-average-grade-of-3-5-g-t-pdeq-containing-1834158-ounce\/","title":{"rendered":"Clean Air Metals Announces a Mineral Resource for the Thunder Bay North Project including a total Indicated Resource of 16,285,396 tonnes at an average grade of 3.5 g\/t PdEq containing 1,834,158 ounces PdEq and a total Inferred Resource of 9,852,138 tonnes at an average grade of 2.1 g\/t PdEq containing 663,660 ounces PdEq"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n THUNDER BAY, ON<\/span>, Jan. 20, 2021<\/span> \/PRNewswire\/ –\u00a0Clean Air Metals Inc. (“<\/span>Clean Air Metals<\/b>” or the “<\/span>Company<\/b>“) (TSXV: AIR) (OTCQB: CLRMF)\u00a0(FRA: CKU) is pleased to announce that the Company has released an updated Indicated and Inferred mineral resource estimate prepared in accordance with National Instrument 43-101 (“NI 43-101″) <\/b>for the Company’s 100%-owned Thunder Bay North Project (the “Project<\/b>“) which includes both the Current Lake and Escape Lake deposits. <\/p>\n

The mineral resource estimate was prepared by Nordmin Engineering Ltd. (“Nordmin<\/b>“) and is based on an underground ramp-access constrained resource model with a cutoff value equating to 1.56 g\/tonne PdEq (2.56 g\/tonne PtEq) using 3-year trailing average metal prices for all metals except cobalt, which used a 2-year trailing average as described below in Table 8. A technical report will be filed on SEDAR within 45 days of the date of this news release.<\/p>\n

The Current Lake Deposit contains an Indicated mineral resource of 11,999,177 tonnes grading 3.44 g\/t PdEq and an Inferred mineral resource of 6,406,960 tonnes grading 2.02 g\/tonne PdEq (See Table 1; Figure 2).<\/p>\n

The Escape Lake Deposit contains an Indicated mineral resource of 4,286,220 tonnes grading 3.67 g\/t PdEq and an Inferred mineral resource of 3,445,179 tonnes grading 2.23 g\/tonne PdEq (See Table 2; Figure 3). <\/p>\n

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