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Altech Chemicals Ltd.
Summary
| Project: | High Purity Alumina | |
|---|---|---|
| Deposit: | Meckering | |
| Location: | Australia | |
| Commodities: | Kaolinite | |
| Date: | 7/8/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 8-7-2016: Altech Chemicals Ltd. announces a Resource Estimation report for its Meckering deposit at the High Purity Alumina project. Updated Kaolin resource estimate for Meckering mining lease. Following the completion of grade control drilling in April 2 | |
| Resources: | (Resource, Ind.): 11Mt @ 82.7% ISO brightness | |
| CP/QP: | [Resources]: Llyle Sawyer, Sue Border (Geos Mining) | |
| ABSTRACT: | Following the completion of grade control drilling in April 2016, Altech Chemicals Limited (Altech/the Company) (ASX: ATC) is pleased to announce an update to kaolin mineral resources for its 100%-owned mining lease (ML) M70/1334, at Meckering Western Australia. The updated Mineral Resource is 11 million tonnes (Mt) of kaolin clay containing 45% minus 45 micron clay with a brightness of 82.7% (ISO standard), and is classified as Indicated. The mineral resource was estimated using an 80% brightness cut-off, and a 30% minus 45 micron cut-off and is in accordance with JORC 2012. At Meckering, the Company is planning to mine approximately 120,000 tonnes of kaolin once every three years in short two-month mining campaigns. The resultant raw kaolin ore will be stockpiled, then containerised into standard shipping containers at the rate of around 40,000tpa (770t per week) and transported to Johor, Malaysia via the port of Fremantle, Western Australia for processing into high purity alumina (HPA) at the Company’s proposed plant. Altech’s proposed Malaysian HPA plant is designed for annual production of 4,000tpa of HPA. At this production rate there are sufficient kaolin mineral resources at Meckering for in excess of 250 years of feed-stock supply. | |
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