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Heemskirk Consolidated Ltd.

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Summary

Project:

Moberly

Deposit:Moberly
Location:Canada
Commodities:Silica
Date:11/23/2016
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Mine Development
Report details:23-11-2016: Heemskirk Consolidated Ltd. announces a Resource Estimation report for its Moberly deposit at the Moberly project. Annual mineral resource and ore reserve statement, unchanged from last year. Heemskirk Consolidated Limited (ASX: HSK) provides
Resources:(Reserve, P+P): 13.9Mt @ 70% frac sand
CP/QP:[Resources]: Malcolm Ward (Mining Advisory Pty Ltd.)
ABSTRACT:Heemskirk Consolidated Limited (ASX: HSK) provides its annual Mineral Resources and Ore Reserves statement as at 30 September 2016. Estimated Mineral Resources and Ore Reserves of silica at Moberly remain unchanged from last year. The Moberly silica deposit occurs on the flank of Moberly Peak approximately 7km north of the regional centre of Golden, British Columbia and about 215km west of Calgary. The material that is mined at Moberly is the Ordovician Mount Wilson Quartzite unit. Near Golden it reaches a maximum thickness of 480 metres at Horse Creek (less in the mine area) and Mount Moberly is the northern limit of the unit, where it is terminated by a thrust fault. The quartzite is typically grey to buff coloured massive orthoquartzite with some evidence of crudely laminated and cross laminated beds near the base. At the mine site the geology is simple. Bedding generally strikes around 118° magnetic and is vertical to steeply NE dipping. The rock consists of an orthoquartzite which is variably decemented (ie by removal of the silica ‘cement’ binding the grains) so that most of the mining area consists of ‘altered’ friable or ‘sandy’ quartzite to various degrees. There appears to be no systematic variation or control of the de-cementing. The composition of the rock is +99% SiO2 as quartz, with the remainder being silicate clays and very rare other silicate minerals.

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