For thousands of other reports visit RSC's Mineral Intellingence Map
Hawkstone Mining Ltd.
Summary
| Project: | Big Sandy | |
|---|---|---|
| Deposit: | Big Sandy | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 11/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-11-2019: Hawkstone Mining Ltd. announces a Resource Estimation report for its Big Sandy deposit at the Big Sandy project. Updated Exploration Target for project. Hawkstone Mining Limited (ASX:HWK) (“Hawkstone”, the “Company”) is pleased to announce that | |
| Resources: | Exploration Target Range: 271.1Mt - 283.15Mt | |
| CP/QP: | [Overall Report]: Gregory Smith (Internal) | |
| ABSTRACT: | Hawkstone Mining Limited (ASX:HWK) (“Hawkstone”, the “Company”) is pleased to announce that further exploration has resulted in a 23% increase in the size of the Exploration Target, within Blocks C and D in the Northern Mineralised Zone, of the Big Sandy sedimentary lithium project, located approximately 2.5 hours’ drive northwest of Arizona’s state capital, Phoenix. Geological mapping and surface sampling in the northern portion of the project have better defined the extent and stratigraphy of mineralised sedimentary material. This announcement follows the conversion of the Block A Exploration Target to a maiden JORC compliant resource. The Indicated and Inferred Resources total 32.5Mt @ 1,850ppm for 320,800 tonnes lithium carbonate equivalent (LCE)1 . In addition to previous exploration on the Big Sandy Lithium Project, recent geological mapping and sampling in Blocks C and D in the Northern Mineralised Zone (NMZ), have resulted in the identification of the potential for between 66Mt and 116.55Mt at 1,000 to >2,000ppm Li, an increase of 23% from the previous estimate2 . Note that the potential quantity and grade of the Exploration Target is conceptual in nature. There has been insufficient exploration to estimate a mineral resource and it is uncertain whether future exploration will result in the definition of a mineral resource. | |
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