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Boss Resources Ltd.
Summary
| Project: | Honeymoon | |
|---|---|---|
| Deposit: | Honeymoon | |
| Location: | Australia | |
| Commodities: | Uranium | |
| Date: | 8/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 27-8-2018: Boss Resources Ltd. announces an Exploration/Drilling Update report for its Honeymoon deposit at the Honeymoon project. Drilling results incl. 4.25m @ 2592ppm pU3O8 from 102.75m. Boss Resources Limited (ASX: BOE) (Boss Resources) is pleased to | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: M. Abzalov (Internal) | |
| ABSTRACT: | Boss Resources Limited (ASX: BOE) (Boss Resources) is pleased to announce further impressive uranium intercepts from infill drilling on its Honeymoon Uranium Mining Licence in South Australia. Boss has received results from a further 50 holes of its 200-hole infill program. Results show a continuation of promising results, with data to be used to update the Honeymoon Mineral Resource as the Company works towards restarting production at Honeymoon. Drilling is underway at the East Kalkaroo Deposit immediately east of the Honeymoon processing plant, within the Honeymoon Mining Licence (Figure 1), and continues to intersect uranium mineralisation of significant grade and thickness throughout the resource area. Drilling remains ahead of schedule, with more than half of the planned infill program complete. Boss Resources Managing Director Duncan Craib said, “These important results confirm our current resource model, as well as validating the grade and thickness of the mineralisation reported by historic drilling throughout the deposit. We know that the mineralisation can form high-grade pods within the channels, and as part of our Wellfield Design these are the areas we will be targeting to ensure low cost production.” | |
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