Ferrum Crescent Limited announced a maiden independent Mineral Resource Estimate completed in accordance with JORC (2012) in respect of the Company's 100% owned Toral lead-zinc project, located in the Province of Len, Spain. 16Mt @ 6.9% Zn Equivalent (including Pb credits) and 25g/t Ag; 670,000 tonnes of Zinc, 540,000 tonnes of Lead and 13 million ounces of Silver; Deposit open along strike to the east and down dip. The company commissioned a maiden mineral resource estimate in late 2017 from Addison Mining Services Limited ("AMS") based on all the available historical data from three drill campaigns conducted on the 15.199 licence area (the 1972 - 1984 Peñarroya-Adaro campaign, the 2006 - 2008 Lundin Mining campaign and the 2016 - 2017 FCR campaign), along with underground channel sampling results from the numerous adits. The maiden mineral resource estimate has been reported in accordance with the guidelines of the Joint Ore Reserve Committee (JORC) 2012 code. A new block model combined with an initial digital geological model has increased the level of understanding of the mineralogical and geological controls at Toral and the Company is therefore confident of being able to enhance and potentially expand the resource going forwards, subject to undertaking additional drilling and exploration activities. The Inferred resource for the Toral Pb-Zn-Ag mineralisation located on the Toral property has been estimated at various cut-offs. The company reviewed the new model along with its appointed geological consultants, AMS, and concluded that a 4% cut-off was appropriate utilising estimated mining parameters typical for similar types of projects and mineralogy, and an historical three-year trailing average for metal prices, which, although conservative, was deemed appropriate at this stage in the project's development. The maiden resource has identified potentially economic mineralisation ranging from surface to approximately 1,100m below surface. The block model currently extends for a strike length of 3,300m and is still open to the east along strike and also at depth where it has not yet been closed off.