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Broken Hill Prospecting Ltd.
Summary
| Project: | Murray Basin | |
|---|---|---|
| Deposit: | Jaws, Gilligans | |
| Location: | Australia | |
| Commodities: | Ilmenite-Rutile-Zircon-Monazite-Leucoxene | |
| Date: | 8/10/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-8-2017: Broken Hill Prospecting Ltd. announces a Resource Estimation report for its Jaws, Gilligans deposit at the Murray Basin project. Initial Mineral Resource estimate for the Jaws and Gilligans deposits. Murray Basin Minerals Pty Ltd, a wholly owne | |
| Resources: | (Resource, I+I): 113Mt @ 1.8% THM at Jaws and Gilligans deposits | |
| CP/QP: | [Resources]: Greg Jones (IHC Robbins) | |
| ABSTRACT: | Murray Basin Minerals Pty Ltd, a wholly owned BPL subsidiary, today announced Mineral Resource estimates for its Jaws and Gilligans heavy mineral (HM) deposits in the Murray Basin, New South Wales. The Inferred Mineral Resources comprise a total of 113 Mt at 1.8% HM and 3% clay containing 2 Mt of HM with an assemblage of 10% zircon, 26% rutile and 10% total ilmenite including. The Jaws and Gilligans deposits are located in south-western New South Wales approximately 50 km north of Mildura and lie approximately 20 km east of the Silver City Highway which links Mildura to Broken Hill. At a 1% HM cut-off grade, the Gilligans deposit is approximately 23 km long and 250 m to 700 m wide on average. The Exploration Target within the deposit length is approximately 8 km long and 150 m to 300 m wide on average and comprises the south-east part of the deposit. Gilligans ranges in thickness from approximately 1 m to 18 m with an average thickness of 7.5 m and an average depth of 30 m. The Mineral Resource for Jaws is approximately 16 km long and is split by the 400 m wide buffer of the Darling River into two areas, one to the north-west which is 5 km long and the other to the south-east which is 11 km long. Jaws is on average 150 m to 300 m wide, ranges in thickness from 1 m to 18 m with an average thickness of 8.5 m and an average depth of 30 m. The Mineral Resource estimates were independently prepared by IHC Robbins using an inverse distance weighting method of estimation, suitable for the style of mineralisation. Mr Greg Jones, Consulting Geologist at IHC Robbins, was engaged to estimate the Mineral Resources as the independent Competent Person. The Mineral Resources have been estimated and reported in accordance with the guidelines of the 2012 edition of the Australasian Code for the Reporting of Exploration Results, Minerals Resources and Ore Reserves (‘2012 JORC Code’). | |
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