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Element 25 Ltd.
Summary
| Project: | Butcherbird | |
|---|---|---|
| Deposit: | Butcherbird Manganese | |
| Location: | Australia | |
| Commodities: | Manganese-Silica-Iron | |
| Date: | 1/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 23-1-2019: Element 25 Ltd. announces an Exploration/Drilling Update report for its Butcherbird Manganese deposit at the Butcherbird project. Drilling results incl. 22.00m @ 15.23% Mn from 6m. Element 25 Limited (“E25” or “Company”) is pleased to advise th | |
| Resources: | (Resource, I+I): 180.8Mt @ 10.8% Mn, 43.9% SiO2, 11.7% Fe, 0.3% P2O5, 10.9% Al2O3 at project | |
| CP/QP: | [Overall Report]: Justin Brown (Internal) | |
| ABSTRACT: | Element 25 Limited (“E25” or “Company”) is pleased to advise that assay results from resource infill drilling at the Company’s 100% owned Butcherbird High Purity Manganese Project have been received and compiled. The resource infill drilling programme comprised 210 aircore holes for a total of 6,672m. The drilling was completed in late 2018. The results from the programme will form the basis of a revised mineral resource estimate which is expected to upgrade the planned starter pit area from Inferred and Indicated to Indicated and Measured categories as a basis for a maiden reserve, expected to be published with the PFS. The assay results and geological logging of the drill holes both compare favourably with the existing drilling data in terms of geology as well as mineralised widths and grades of the ore zone, confirming the robustness of the current understanding of the deposit. Refer to Appendix 1 for a tabulation of the results. | |
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