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BlackEarth Minerals NL
Summary
| Project: | Maniry | |
|---|---|---|
| Deposit: | Haja | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 12/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-12-2018: BlackEarth Minerals NL announces a Resource Estimation report for its Haja deposit at the Maniry project. Initial mineral resource estimate for Haja deposit. BlackEarth Minerals NL (ASX: BEM) (the Company or BlackEarth) is pleased to announce | |
| Resources: | (Resource, Inf.): 9.0Mt @ 5.79% TGC for 521.1Kt Graphite contained | |
| CP/QP: | [Overall Report]: Peter Langworthy (OmniGeoX Pty Ltd.) | |
| ABSTRACT: | BlackEarth Minerals NL (ASX: BEM) (the Company or BlackEarth) is pleased to announce it is consolidating its strategy to fast-track the development of its 100% owned Maniry Graphite Project in Southern Madagascar with the completion of a maiden JORC compliant Mineral Resource Estimation (MRE) for the Haja graphite deposit, adjacent to the Razafy resource. The Haja inferred resource, comprises 9Mt @ 5.79% Total Graphitic Carbon (TGC) at a 5% TGC cut-off grade. The Haja resource report for several TGC cut-off grades is summarised in Table 1. This Haja Mineral Resource Estimate consolidates the Company’s Maniry Project resource base, adding a substantial resource to the adjacent high grade Razafy Graphite deposit. The Haja deposit is located 800m to the west of Razafy in a highly prospective area (Figure 1). 2 As planned, BlackEarth finished its trenching programme in early December 2018 at the Maniry Project, which focussed on strike extensions for Razafy and uncovering prospective high-grade lenses in its vicinity. The Maniry Scoping Study based on the Razafy deposit is scheduled for completion in January 2019. | |
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