For thousands of other reports visit RSC's Mineral Intellingence Map
Hastings Technology Metals Ltd.
Summary
| Project: | Yangibana | |
|---|---|---|
| Deposit: | Bald Hill South | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 7/4/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 4-7-2016: Hastings Technology Metals Ltd. announces an Exploration/Drilling Update report for its Bald Hill South deposit at the Yangibana project. Drilling results incl. 12m @ 2.12% TREO with 0.90% Nd2O3-Eq from 20m. Following the recent successful place | |
| Resources: | (Resource, I+I): 12.36Mt @ 1.10% TREO at Yangibana | |
| CP/QP: | [Overall Report]: Andy Border (Internal) | |
| ABSTRACT: | Following the recent successful placement of $9.6 million (ASX announcement dated 11 April 2016), the Board of Hastings Technology Metals Limited [ASX:HAS] (Hastings or the Company) is pleased to announce that drilling has re‐ commenced at the Company’s Yangibana Project. Two rigs have commenced a major infill drilling programme at Bald Hill South and Fraser’s deposit. This drilling will provide part of a large composite sample of Eastern Belt‐style mineralisation that will be used for upcoming pilot plant test work. In addition, the infill drilling will enable an upgrade of at least a portion of the current Indicated Resources at these two deposits. On completion of thisinfill drilling, further drilling will test a number of anomaloustargetsidentified by the Company earlier this year. In addition, an ultra‐low‐level aeromagnetic and radiometric survey has been completed with data expected in the coming weeks. This survey will provide additional targets as the Company aims to increase its resources of the higher value Eastern Belt‐ style mineralisation. A number of alternative sites for the proposed processing plant and all associated operational infrastructure – workshops, run‐of‐mine ore pads, tailings storage facilities, fresh water dams, evaporation ponds, airstrip, roads and accommodation – have been assessed and the optimum locations identified to support the proposed schedule. | |
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