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BlackEarth Minerals NL

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Summary

Project:

Maniry

Deposit:Razafy
Location:Madagascar
Commodities:Graphite
Date:8/2/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:2-8-2018: BlackEarth Minerals NL announces an Exploration/Drilling Update report for its Razafy deposit at the Maniry project. Drilling results incl. 42.1m @ 7.4% TGC from 38.9m. 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 provide an update on the assay results recently received from the Razafy resource definition drilling program at the Maniry Project in southern Madagascar. All assays have now been received from the 65 holes drilled at Razafy during this program. A maiden JORC compliant resource estimation for the Razafy area is expected to be released to the market in early August. The assay results recently received continue to demonstrate that the two ore bodies at Razafy are thick, consistent and high grade, a summary of these results is presented in Table 1. These results have also shown that the Razafy ore bodies are open along strike and down dip, as shown in figures 1, 2 & 3. In particular, ‘step out’ drilling to the north west of Razafy (Section A-AA) has identified high grade mineralisation (e.g. MNDD071 - 26.95m @ 7.5% TGC (Inc. 9.3m @ 10% TGC)), meaning high grade mineralisation is proven for over 1.2km’s at Razafy and is still open in both directions.

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