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FYI Resources Ltd.
Summary
| Project: | Cadoux | |
|---|---|---|
| Deposit: | Cadoux | |
| Location: | Australia | |
| Commodities: | Kaolinite | |
| Date: | 7/9/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-7-2018: FYI Resources Ltd. announces an Exploration/Drilling Update report for its Cadoux deposit at the Cadoux project. Drilling results incl. 2.0m @ 33.58% Al2O3 from 12.0m. FYI Resources Limited (the “Company” or “FYI”) is pleased to provide the bala | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Kohler (Strategic Resource Management) | |
| ABSTRACT: | FYI Resources Limited (the “Company” or “FYI”) is pleased to provide the balance of the analytical results from the recent reverse circulation (RC) drilling program at the Company’s 100% owned Cadoux kaolin project (EL/4673) in Western Australia. The analysis results confirm the high-grade nature of the Cadoux resource and supports FYI’s view on the qualities and characteristics of the kaolin as suitable feedstock for high purity alumina (HPA) (99.99% purity alumina) production utilizing an innovative process flowsheet being refined by the Company. Whilst some minor delays in the metallurgical testwork was experienced due to the delay in receiving the analytical results, the overall flowsheet development continues to progress well with technical achievements exceeding the prefeasibility study managers’ expectations. A total of 75 RC drill holes for 1,613m were completed. All holes were vertical and drilled to depths of 12m to 36m. Most drill holes intersected over 4m thickness of kaolin with several intersections of >27m thickness of kaolin. The drilling comprised: | |
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