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Hill End Gold Ltd.
Summary
| Project: | Yendon | |
|---|---|---|
| Deposit: | Kaolin | |
| Location: | Australia | |
| Commodities: | Aluminium | |
| Date: | 2/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-2-2018: Hill End Gold Ltd. announces a Resource Estimation report for its Kaolin deposit at the Yendon project. Initial Mineral Resource for Yendon. Hill End Gold Ltd (ASX: HEG) is pleased to announce an outstanding maiden kaolin resource esti | |
| Resources: | (Resource, M+I): [email protected]% Al2O3 at Yendon Kaolin | |
| CP/QP: | [Resources]: Rod Brown (SRK Consulting (Australasia) Pty Ltd.) | |
| ABSTRACT: | Hill End Gold Ltd (ASX: HEG) is pleased to announce an outstanding maiden kaolin resource estimate for its Yendon high‐purity alumina project in Victoria, marked by an extensive inventory, exceptionally high grades and low impurities. The result shows Yendon is ideally positioned to become one of the biggest high purity alumina projects in the world, enabling Hill End to capitalise on the rapid demand growth forecast for this product on the back of the lithium battery and LED light industries. Hill End aims to produce high purity alumina via a well established process in which it will upgrade the kaolinized host rock at Yendon to a kaolin concentrate containing world leading levels of alumina. This concentrate is then processed to produce high purity alumina (Al2O3) exceeding 99.99% purity as sought by customers in these rapidly growing markets. The maiden resource estimate at Yendon is 3.68 million tonnes 1 of insitu kaolinized material (measured and indicated). When this is beneficiated by wet screening to recover the 63 micron fraction, 1.59 million tonnes of kaolin concentrate containing 34.68% Al2O3 is produced. Assays used to calculate the resource estimate reveal that the Yendon mineralisation is of extremely high quality, containing almost 35% alumina, and very low levels of impurities such as iron, titanium and potassium (see table 1), making it easier and potentially less costly to process to high purity alumina. These results are in addition to the metallurgical test results announced by Hill End Gold last month (see ASX release dated 10 January 2018), which confirmed the successful processing of typical Yendon kaolin using a conventional process to produce HPA with 99.995% purity, comfortably exceeding market specifications. | |
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