Delta Minerals reveals resource calculation

Stockholm, August 12, 2014 – Delta Minerals has estimated the mineral resource for the Cagayan River and the Appari plant. The total ore resource is estimated to 2.000.720.000 MT (Metric Ton) with an average grade of 3 %.

Resource calculation:

Stock pile:        200.000 MT                                  Grade 5 % Fe
Measured:       520.000 MT                                  Grade 3 % Fe
Indicated:         2.000.000.000 MT                       Grade 3 % Fe
Total:               2.000.720.000 MT                       Grade 3 % Fe


The above calculation was estimated according to PMRC standards on disclosures of ore reserves and mineral resources. The grades shown include provision for dilution. The calculation has been verified by Mr. Cornelio Casido, Qualified person.


Delta Minerals project in the Philippines

In large river basins occurs frequently flooding, especially during monsoon season, which seriously impact the population in these areas with fatal accidents and large property damages due to the eroded and accumulated sand. By removing excess sand Delta Minerals activities are contributing to important environmental and social activities. The magnetite is extracted from the sand and sold to the steel industry.



For further information please contact

Hakan Gustafsson, Chairman, hakan.gustafsson@deltaminerals.se, mobile 070-268 00 35

Thomas Lundgren, CEO, thomas.lundgren@deltaminerals.se, mobile 0703-97 25 24.

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Facts about the company

Delta Minerals AB is a listed Swedish company that owns the rights to implement environmental projects in the Republic of the Philippines with the support of regional/local authorities. 

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