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Altura Mining Ltd.
Summary
| Project: | Pilgangoora | |
|---|---|---|
| Deposit: | Southern Ridge | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 3/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 13-3-2018: Altura Mining Ltd. announces an Exploration/Drilling Update report for its Southern Ridge deposit at the Pilgangoora project. Drilling results incl. 59m @ 1.34% Li2O from 77m. Altura Mining Limited (ASX: AJM) is pleased to provide an update on | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen Barber (Internal) | |
| ABSTRACT: | Altura Mining Limited (ASX: AJM) is pleased to provide an update on recent exploration taking place on the Southern Ridge area, part of the flagship Altura Lithium Project. The Southern Ridge had been earmarked for infill drilling due to its potential to increase the Ore Reserve and Mineral Resource estimate of the Altura Lithium Project, which is currently on track for first lithium concentrate sales in Q2 2018. The Southern Ridge area adjoins the main Pilgangoora deposit. The program consists of 4,650m of RC drilling with 41 holes and more than 90% of the meterage has been completed to date. The results from the first 17 holes are presented in this announcement. Altura Managing Director James Brown said: “This is a very positive start to our 2018 exploration program. The Southern Ridge is showing great promise and although the geology appears more complex, we believe it will allow us to further expand our reserve base and bodes well for the expansion studies that are nearing completion.” | |
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