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Centrex Metals Ltd.
Summary
| Project: | Ardmore | |
|---|---|---|
| Deposit: | Ardmore | |
| Location: | Australia | |
| Commodities: | Phosphate | |
| Date: | 11/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 3-11-2017: Centrex Metals Ltd. announces an Exploration/Drilling Update report for its Ardmore deposit at the Ardmore project. Drilling results incl. 5m @ 28.3% P2O5 from 15m. Centrex Metals Limited (“Centrex”) has received further results from its recent | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alastair Watts (Internal) | |
| ABSTRACT: | Centrex Metals Limited (“Centrex”) has received further results from its recent 319 reverse circulation (“RC”) drill hole program at its Ardmore Phosphate Rock Project (“Ardmore”) in North West Queensland. Assays from a further 100 holes have now been returned, with the remainder expected within the coming weeks (a total of 208 holes received to date). The recent results received continue to show high-grade phosphate rock intersections in the majority of holes. 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. The purpose of the RC drilling program was to complete infill drilling across the deposit to undertake a resource model update, sufficient for mining feasibility studies, as well as to explore further extensions of the deposit. The resource model update is targeted to underpin the publication of the results of a scoping study, currently close to completion 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 progressing well. From the recent PQ diamond drilling program previously reported, a 780kg master composite was compiled to reflect the predicted as-mined grade of the ore body. Physical characterisation testwork results for the master composite have been received which show the ore to be very weak and non-abrasive. Testwork confirms the ability to “free-dig” the ore without blasting and shows that the energy required to crush the ore will be low. | |
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