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Andromeda Metals Ltd.
Summary
| Project: | Poochera | |
|---|---|---|
| Deposit: | Halloysite | |
| Location: | Australia | |
| Commodities: | Aluminium-Iron-Silica-Titanium | |
| Date: | 2/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 12-2-2019: Andromeda Metals Ltd. announces a Resource Estimation report for its Halloysite deposit at the Poochera project. Mineral resource estimate for the Halloysite Zone. Andromeda Metals Limited (ASX Code: ADN) is pleased to report an upda | |
| Resources: | (Resource, Total): 5.3Mt @ 37% Al2O3, 0.59% Fe2O3, 47.3% SiO2, 0.43% TiO2 at Halloysite | |
| CP/QP: | [Resources]: Simon Tear (H&S Consultants Pty Ltd.) | |
| ABSTRACT: | Andromeda Metals Limited (ASX Code: ADN) is pleased to report an updated Mineral Resource estimate reported in accordance with the 2012 JORC Code and Guidelines for the Carey’s Well kaolin deposit located on EL 5814 near Poochera on the west coast of South Australia’s Eyre Peninsula. The Carey’s Well kaolin resource is one of a number of kaolin (+halloysite) prospects which are included under a Joint Venture agreement in place with Minotaur Exploration Limited (ASX: MEP). This resource estimate calculates the halloysite content of the “bright white” kaolinised granite estimate both completed by independent geological consultancy group H&S Consultants Pty Ltd (“H&SC) in August 2018 (ASX release 22 August 2018). A summary of the new Mineral Resource is given below in Table 1, and a full report prepared by H&SC is included as an Appendix to this release. | |
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