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BlackEarth Minerals NL
Summary
| Project: | Maniry | |
|---|---|---|
| Deposit: | Razafy | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 8/14/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-8-2018: BlackEarth Minerals NL announces a Resource Estimation report for its Razafy deposit at the Maniry project. Clarified previous exploration target announcement. Cautionary Statement: The Exploration Targets reported herein are not JORC compliant | |
| Resources: | Exploration Target: 260-380Mt @ 6-8% TGC | |
| CP/QP: | [Overall Report]: Peter Langworthy (Not stated) | |
| ABSTRACT: | Cautionary Statement: The Exploration Targets reported herein are not JORC compliant Mineral Resources. The potential quantity and grade of the Exploration Targets are conceptual in nature, there has been insufficient exploration to determine a Mineral Resource and there is no certainty that further exploration work will result in the determination of a Mineral Resource BlackEarth Minerals NL (ASX: BEM) (the Company or BlackEarth) is pleased to provide an Exploration Target for the Maniry Graphite Project in Southern Madagascar. A review of all available data has highlighted the Project to have an Exploration Target of 260-380Mt @ 6-8% Total Graphitic Carbon (TGC). The review has also highlighted the Razafy Domain as a priority for exploration in Q4 2018 with the ultimate aim of defining further high-grade resources proximally to the high grade Razafy Deposit. Maniry Exploration Target The estimation has been undertaken by the extrapolation of the recently defined resource at Razafy (ASX 9 August 2018 – Razafy Maiden Resource Estimation), utilising the information gathered by the historical mapping and rock chipping and observations from a historical VTEM survey flown in 2008. The Maniry Project has been broken down into three regional domains of graphite mineralisation which are depicted in Figure 1 and are briefly described as follows: | |
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