For thousands of other reports visit RSC's Mineral Intellingence Map
Black Mountain Resources Ltd.
Summary
| Project: | Namekara | |
|---|---|---|
| Deposit: | Namekara | |
| Location: | Uganda | |
| Commodities: | Vermiculite | |
| Date: | 2/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-2-2017: Black Mountain Resources Ltd. announces an Exploration/Drilling Update report for its Namekara deposit at the Namekara project. Drilling results incl. 45.00m @ 46.04% verm from 8m. Black Mountain Resources Limited (ASX: BMZ) (Black Mountain or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Patrick Takaedza (Internal) | |
| ABSTRACT: | Black Mountain Resources Limited (ASX: BMZ) (Black Mountain or the Company) is pleased to update shareholders on the ongoing operational progress at its 100% owned Namekara Vermiculite Mine, Eastern Uganda. The Company is pleased to confirm the completion of a maiden exploration program, a Mineral Resource and grade control drilling program, and analysis of all samples, and the subsequent creation of a ‘master database’ by combining this new data with Rio Tinto plc’s. (“Rio Tinto”) and Gulf Industrials Limited’s (ASX: GLF) (“Gulf”) drilling data. In 2007 and 2008, Rio Tinto completed a 72 vertical reverse circulation (“RC”) holes, 3,490m drilling program. By June of 2008, an internal Mineral Resource estimate in accordance with the JORC Code (2004) had been completed. In 2011 and 2012, Gulf completed 56 angled DD boreholes in a 3,408 metre drilling campaign. In July 2012, Gulf published an Inferred Mineral Resource estimate that was never made public due to survey, QAQC and density concerns. The Rio Tinto drilling and the Gulf drilling used different vermiculite flake size cut off data. The primary objectives of this drill campaign was to delineate an upgraded inferred Mineral Resource that would facilitate a Mining Ore Reserve for the short and medium term. The secondary objective was to tie the databases together by assaying and exfoliation for four different vermiculite flake, particle size distributions for each 1-metre drill hole intersection. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report