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Element 25 Ltd.
Summary
| Project: | Butcherbird | |
|---|---|---|
| Deposit: | Coodamudgi | |
| Location: | Australia | |
| Commodities: | Manganese | |
| Date: | 7/3/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-7-2020: Element 25 Ltd. announces an Exploration/Drilling Update report for its Coodamudgi deposit at the Butcherbird project. Sub-sampling assay results incl. 1m @ 42.3% Mn from 0m. Element 25 Limited (E25 or Company) (ASX:E25) is pleased to announce t | |
| Resources: | (Reserves, P+P): 50.6Mt @ 10.3% Mn (5.21Mt Mn) | |
| CP/QP: | [Overall Report] Justin Brown (Internal) | |
| ABSTRACT: | Element 25 Limited (E25 or Company) (ASX:E25) is pleased to announce that sub-sampling of diamond core from BBDD016 drilled into the Coodamudgi manganese resource at the Company’s 100% owned Butcherbird Manganese Project (Project) has returned high grade manganese values of up to 42.3%Mn from surface with low impurity levels. Importantly the Coodamudgi resource is located entirely within granted mining lease M52/1074. The manganese mineralisation at Butcherbird typically comprises interlayered bands of manganese and non-manganese bearing clays and shales. The manganese mineralisation in BBDD016 is geologically the same. The manganese can be beneficiated by separating and removing the clay and shale waste and retaining the high-grade manganese material. The sub-sampling methodology utilised is designed to emulate full scale processing via the proposed beneficiation flowsheet for the Project. It should be noted that the work completed in this programme is preliminary and will need to be followed up with further test work to confirm these results, however the sampling reported herein is strongly suggestive that this material has the potential to deliver a high-grade concentrate. | |
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