For thousands of other reports visit RSC's Mineral Intellingence Map

Eclipse Metals Ltd.

opaxe

Summary

Project:

Mary Valley

Deposit:Mary Valley
Location:Australia
Commodities:Manganese
Date:4/26/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:26-4-2018: Eclipse Metals Ltd. announces an Exploration/Drilling Update report for its Mary Valley deposit at the Mary Valley project. Drilling results incl. 3.2m @ 59.8% MnO from 8.8m. Eclipse Metals Ltd (ASX:EPM) is pleased to announce that sample analy
Resources:x
CP/QP:[Overall Report]: Rodney Dale (Internal)
ABSTRACT:Eclipse Metals Ltd (ASX:EPM) is pleased to announce that sample analyses for selected core assayed from the recently completed reconnaissance diamond drilling program at the company’s Mary Valley Manganese Project near Gympie in Queensland (refer Figure 3), have now been received and evaluated. Interpretation of these results highlight the open nature of the high grade mineralisation, and that multiple lodes exist in close proximity in at least one area at Amamoor, where the mineralisation presents as steeply-dipping, lenticularshaped fault-controlled zones. Further petrophysical and petrographic studies are advancing the company’s understanding of the deposit. Data from last year’s gravity survey is now being re-evaluated taking into account mineralisation intersected in the drilling program. At the conclusion of the studies further drilling will be proposed at Amamoor, targeting the high grade mineralisation down-dip and along strike from these shallow intersections. Eclipse Metals drilled eight diamond core holes at Amamoor for an aggregate of 152.4m ( refer Table 1 and Figure 2). This drilling program was conducted strictly on a reconnaissance basis and the extent of drilling and sample analyses was limited to contain initial costs. In this part of the Amamoor State Forest, the original forest has been invaded by exotic weeds and undergrowth, and large sections have been cleared and replaced with plantations of hoop pine. Access to drill locations was gained via existing forestry tracks and by clearing exotic weeds from previously excavated tracks and mining benches

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