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BlackEarth Minerals NL
Summary
| Project: | Maniry | |
|---|---|---|
| Deposit: | Razafy | |
| Location: | Madagascar | |
| Commodities: | Graphite | |
| Date: | 5/24/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-5-2018: BlackEarth Minerals NL announces an Exploration/Drilling Update report for its Razafy deposit at the Maniry project. Drilling results incl. 26m @ 7.8% TGC from 0m. BlackEarth Minerals NL (ASX: BEM) (the Company or BlackEarth) is pleased to advi | |
| 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 of Total Graphitic Carbon (TGC) (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. Figure 3 outlines the location of completed drill holes and the proposed holes. BEM is on target to complete the Razafy program as per its original schedule, in June 2018. Drilling at the Razafy prospect, to establish a maiden JORC Indicated Resource by late July 2018, commenced in March 2018. The Razafy prospect is 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, with scoping study completion for Razafy scheduled by the end of the calendar year. The Company has received all 500 assays from the first shipment of diamond drill samples sent to Intertek (Perth, Western Australia) earlier this month. Assaying of samples from the second shipment is expected to commence shortly, while the third shipment is due to leave Antananarivo, Madagascar by Friday 25 May 2018. The Company has now drilled approximately 3,400 metres at the Razafy prospect, representing an estimated 5% of the Razafy prospect area. The key outcomes of the drilling to date include the following | |
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