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Astro Resources NL
Summary
| Project: | Governor Broome | |
|---|---|---|
| Deposit: | Governor Broome | |
| Location: | Australia | |
| Commodities: | Heavy Minerals | |
| Date: | 6/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-6-2020: Astro Resources NL announces a Resource Estimation report for its Governor Broome deposit at the Governor Broome project. Updated Mineral Resource Estimate for Project. Astro Resources NL (ARO or Astro) is pleased to advise the following: Astro | |
| Resources: | (Resources, Ind.): 52Mt @ 4.6% HM | |
| CP/QP: | [Resource] John Doepel (Continental Resource Management Pty Ltd.) | |
| ABSTRACT: | Astro Resources NL (ARO or Astro) is pleased to advise the following: Astro Chairman comments as follows: “The achievement of a 52 million tonnes of Indicated Resources places the Governor Broome project in a strong position to attract a combination of debt and equity so as to move the project into commercialisation and reinforces the board’s confidence in this project ”. Project Geology The Governor Broome Heavy Mineral Project contains three separate areas of significant heavy mineral (HM) mineralisation (Figure 1). The largest contains the North Deposit, drilled by Metal Sands Australia Ltd (Metal Sands) in 2005 and 2006, and the West Deposit, drilled by Astro in 2020. The other two areas contain the East and South Deposits. The HM mineralisation occurs within a surficial Pleistocene sand unit, the Warren Sands, and in the immediately unconformably underlying Beenup Beds of the Cretaceous Warnbro Group. Both units are horizontal The Warren Sands vary in thickness from 4m to 11m. It’s contained HM mineralisation increases in grade in the unit’s lower few metres. The Beenup Beds sediments are of two main facies in the area: clayey sands and organic clays. The clayey sands contain medium- to coarse-grained, angular to sub-angular, unconsolidated quartz and minor feldspar grains. The clay content, which is variable, tends to increase downward. Generally, it contains between 1% and 9% of valuable HM in its top few metres. | |
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