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BlackEarth Minerals NL
Summary
| Project: | Maniry | |
|---|---|---|
| Deposit: | Razafy | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 5/16/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-5-2018: BlackEarth Minerals NL announces an Exploration/Drilling Update report for its Razafy deposit at the Maniry project. Drilling results incl. 36.65m @ 8.76% TGC from 35m. BlackEarth Minerals NL (ASX: BEM) (the Company or BlackEarth) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Langworthy (Not stated) | |
| ABSTRACT: | BlackEarth Minerals NL (ASX: BEM) (the Company or BlackEarth) is pleased to advise on assay results (see Appendix 1 & 2 and Table 1 for full drill hole data and assay results) from its diamond drilling program at the Company’s 100% owned Maniry Graphite Project, Madagascar – See Figure 1. Figure 2 outlines the location of completed drill holes as well as proposed holes yet to be drilled. BEM is on target to complete the Razafy program as per its original schedule, in June 2018. The current drill program which commenced in March 2018 is designed to establish a maiden Indicated Resource by July 2018 over the Razafy prospect located in the north west of the Maniry Project. This Resource will be used as part of the Company’s fast track to cash flow strategy, which aims to complete a scoping study over the prospect by the end of the calendar year. 1 The Company continues undertaking geological mapping (see Figure 3) to further understand the significant geological potential of the Razafy prospect whilst preparing future drill sites at the Haja prospect. On completion of the Razafy drill program next month, the 2 diamond drill rigs will be relocated to Haja to focus on defining a further Inferred Resource. See Figure 4 for the location of both the Razafy and Haja prospects within the Maniry Graphite Project. BlackEarth is very encouraged by the results being received from the Razafy drill program, which continue to reinforce the significance of the high grade graphitic mineralisation identified from previous rock chip sampling and | |
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