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Anson Resources Ltd.
Summary
| Project: | Ajana | |
|---|---|---|
| Deposit: | Ajana North | |
| Location: | Australia | |
| Commodities: | Graphite | |
| Date: | 4/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-4-2017: Anson Resources Ltd. announces an Exploration/Drilling Update report for its Ajana North deposit at the Ajana project. Drilling results incl. 12m @ 2.5% TGC. Anson Resources Limited (ASX: ASN, ASNOA) (Anson or the Company) has completed its fir | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Knox (Not stated) | |
| ABSTRACT: | Anson Resources Limited (ASX: ASN, ASNOA) (Anson or the Company) has completed its first RC drilling program at its 100% owned Ajana North Prospect, which is prospective for graphite, zinc and lead. The program targeted graphite mineralisation in an area which has never previously been drilled for graphite. The drilling program concentrated on geochemical and structural targets and also VTEM (Versatile Time Domain Electromagnetic) survey targets which were interpreted as being shallow conductive bodies. The VTEM anomalies drilled intersected minor graphite but also intersected sulphide mineralisation at depth. The graphite mineralisation targeted in the drilling program was intercepted from surface in a clay rich horizon and at depth in a graphitic schist. The 1m assays are still pending for these drill holes which intersected graphite mineralisation. Drill hole locations are shown in Figure 1 and the graphite intersections are shown in Table 1. Review of the drilling results and the VTEM survey data indicate that this shallow graphitic mineralised area appears as a shallow weakly conductive early time VTEM feature that is trending north east. The re-evaluation of the VTEM profiles conducted after the completion of the drilling program and data from the rock chip sampling programs indicate additional shallow targets in the Mary Springs North area. These targets will be followed up in the next drilling program. | |
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