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Centrex Metals Ltd.
Summary
| Project: | Ardmore | |
|---|---|---|
| Deposit: | Ardmore | |
| Location: | Australia | |
| Commodities: | Phosphate | |
| Date: | 11/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 13-11-2017: Centrex Metals Ltd. announces an Exploration/Drilling Update report for its Ardmore deposit at the Ardmore project. Drilling results incl. 4m @ 29.1% P2O5. Centrex Metals Limited (“Centrex”) has received the final assay results from its recent | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alastair Watts (Internal) | |
| ABSTRACT: | Centrex Metals Limited (“Centrex”) has received the final assay results from its recent 319 reverse circulation (“RC”) drill hole program at its Ardmore Phosphate Rock Project (“Ardmore”) in North West Queensland. The results received continue to show high-grade phosphate rock intersections in the majority of holes and indicate likely extensions of the ore body in the Northern Zone of the deposit. Those holes that did not intersect high-grade were generally on the margins of the ore body and drilled for the purposes of delineating the edge of the ore body. Resource estimation is now underway to provide an update to the previous Inferred Resource announced by Centrex based on the historical project drilling. The recent RC drilling program was completed to infill the deposit to support mining feasibility studies, as well as to explore extensions of the deposit. Once the resource update is completed, mine designs will also be updated in line with the new model. This will be the last remaining item to complete a scoping study for the project. The scoping study is being undertaken in parallel to the more detailed feasibility study due for completion in mid-2018. Bulk metallurgical testwork for the feasibility study is ongoing. Samples of the master composite are currently undergoing materials handling characterisation and mineralogical studies to feed into optimisation of beneficiation trials targeted for completion in 2017. The bulk beneficiation work will provide a concentrate sample that will be sent by Centrex for independent fertiliser conversion testwork, as well as fulfill numerous customer requests for product samples to undertake their own testwork. Previous scoping level results showed the ability to produce a premium grade 35% P205 concentrate with ultra-low cadmium, from the already high insitu grade ore. | |
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