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Andromeda Metals Ltd.

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Summary

Project:

Poochera

Deposit:Careys Well
Location:Australia
Commodities:Aluminium-Iron-Silica-Titanium
Date:10/30/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:30-10-2019: Andromeda Metals Ltd. announces an Exploration/Drilling Update report for its Careys Well deposit at the Poochera project. Drilling results at Carey’s Well extends Halloysite-Kaolin mineralised zone . Andromeda Metals Limited (ASX: ADN, Androm
Resources:
CP/QP:[Overall Report]: Rhoderick Grivas (Internal)
ABSTRACT:Andromeda Metals Limited (ASX: ADN, Andromeda, the Company) is pleased to provide the following results from the aircore drilling program undertaken in April‐May 2019 by the Company now that all assay results have been received. The aircore drilling program was designed to target the shallow, kaolinised granite mineralisation located at the Carey’s Well deposit in addition to some nearby prospects. The total drilling program amounted to 109 holes for a total of 3,265 metres drilled. Of this, 95 holes (including 3 water monitoring wells) for 2,736 metres were drilled at the Carey’s Well deposit. Another 5 holes totalling 234 metres were drilled at nearby Condooringie (4 kms north of the Carey’s Well deposit) while a further 3 holes for 152 metres at Tomney East and 6 holes for 143 metres at Tomney West prospects were also drilled (both prospects located approximately 10 kms to the south of the Carey’s Well deposit). Halloysite content calculations are a complex and time consuming process due to the chemical composition of halloysite being very similar to kaolinite, resulting in the long lead time to receive final results. Andromeda engaged the CSIRO, one of the world’s leading experts in halloysite and kaolinite measurement, to complete this analysis. The collaboration between the CSIRO and Andromeda for halloysite measurement analysis has resulted in significant in‐house knowledge and experience being gained.

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