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BlackEarth Minerals NL
Summary
| Project: | Maniry | |
|---|---|---|
| Deposit: | Haja | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 8/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-8-2018: BlackEarth Minerals NL announces an Exploration/Drilling Update report for its Haja deposit at the Maniry project. Drilling results incl. 81.8m @ 6.1% TGC from 17.44m. BlackEarth Minerals NL (ASX: BEM) (BlackEarth or the Company) is pleased to | |
| Resources: | (Resource, I+I): 11.2Mt @ 7.1% TGC for 795.2Kt graphite | |
| CP/QP: | [Overall Report]: Peter Langworthy (Not stated) | |
| ABSTRACT: | BlackEarth Minerals NL (ASX: BEM) (BlackEarth or the Company) is pleased to provide an update on the first batch of assay results recently received from the Haja resource definition drilling program at the Maniry Graphite Project in southern Madagascar. Assay results have been received from the first 5 holes from the recently completed 26 hole, 2,026m diamond drilling program. The remaining assays from the program are expected to be received over the coming 4-6 weeks. A maiden JORC compliant resource estimation for the Haja graphite prospect is expected to be released to the market in Q4 2018. The first round of results demonstrate that the Haja ore body is thick and consistent with zones of high grade graphite, a summary of these results is presented in Table 1. Initial assay results have shown mineralisation is open along strike to the north and open down dip to the east as shown in diagrams 2, 3 & 4. The results have highlighted some unexpected zones of higher grade mineralisation (e.g. MNDD085 - 8.7m @ 10.4% TGC & MNDD086 - 19.5m @ 8.1% TGC) It is anticipated that a continuous zone of high grade mineralisation will be identified within Haja as further assays are received. | |
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