For thousands of other reports visit RSC's Mineral Intellingence Map
Davenport Resources Ltd.
Summary
| Project: | Ebeleben | |
|---|---|---|
| Deposit: | Nohra-Elende | |
| Location: | Germany | |
| Commodities: | Potash | |
| Date: | 1/15/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-1-2019: Davenport Resources Ltd. announces a Resource Estimation report for its Nohra-Elende deposit at the Ebeleben project. Exploration Target for Nohra-Elende. Davenport Resources (ASX: DAV) (“Davenport”, “the Company”) is pleased to announce the es | |
| Resources: | Exploration Target: 638Mt - 1162Mt @ 9.20 - 11.07% K2O% | |
| CP/QP: | [Overall Report]: Elizabeth de Klerk (Micon International Ltd.) | |
| ABSTRACT: | Davenport Resources (ASX: DAV) (“Davenport”, “the Company”) is pleased to announce the estimation of an Exploration Target on its Nohra-Elende sub-area of between 638 and 1,162 million metric tonnes at a potash grade between 9.2% and 11.07% K2O. The Exploration Target, covering an area of approximately 13.9 km2 contains between 66 and 117 million tonnes of K2O and lies between two areas of Inferred Potash Resources, both held by Davenport, (Figure 1). The Nohra-Elende Exploration Target results adds to Davenport’s existing JORC 2012 Exploration Target figures of 4.1 to 5.1 billion tonnes grading between 7.2% and 25% K2O from Küllstedt (Davenport Resource Limited Replacement Prospectus 24th October 2016) and 2.7 to 4.3 billion tonnes grading between 4.3% and 25% K2O from Gräfentonna (ASX release 22nd May 2017). “The results of the Exploration Target confirm the sheer scale of the potential potash resources located throughout the entire Mühlhausen-Nohra Mining Licence. The results of the mineral resource estimates for Mühlhausen-Keula and Nohra-Elende, released on 16th October 2018 and 13th November 2018 respectively, identified a combined total JORC Inferred Mineral Resource of 2,822 million tonnes at a grade of 10.2% K2O. Based on the quality and quantity of the historical data used to create the geological model, a portion of the Nohra-Elende sub-area was excluded as an Inferred Mineral Resource and was classified as an Exploration Target. With a current total of now over 3.4 billion tonnes of JORC Inferred Resources, and an additional 638 to 1,162 million tonnes of additional Exploration Target under our control, we are one step closer to declaring Europe’s largest potash resource. Further review work of historical data from our Küllstedt licence is ongoing and permitting to drill in 2019 is now at an advanced stage. Once confirmatory drilling and economic studies have been completed, we will regard 2019 as a pivotal year for Davenport.” | |
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