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King Island Scheelite Ltd.
Summary
| Project: | Dolphin | |
|---|---|---|
| Deposit: | Dolphin | |
| Location: | Australia | |
| Commodities: | Tungsten | |
| Date: | 4/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-4-2018: King Island Scheelite Ltd. announces an Exploration/Drilling Update report for its Dolphin deposit at the Dolphin project. Drilling results incl. 17.3m @ 0.82% WO3 from 8.7m. King Island Scheelite Limited (ASX: KIS) is pleased to announce that | |
| Resources: | (Reserves, Prob.): 3.14Mt @ 0.73% WO3 for 22.9Kt WO3 contained | |
| CP/QP: | [Overall Report]: Tim Callaghan (Independent) | |
| ABSTRACT: | King Island Scheelite Limited (ASX: KIS) is pleased to announce that it has completed a short diamond drilling program in the de‐watered void of the previous Dolphin Project mining operation. The purpose was recovering three x 100 kg samples from typical ore types from locations that will be representative of ore mined in the early years of production when the Dolphin Project recommences. Ore was recovered from three locations below the current pit floor with one site requiring two parallel drill holes to ensure sufficient sample mass was recovered for the metallurgical test work program. All boreholes intersected the anticipated ore zones including combinations of “B Lens”, “C Lens” and “Banded Footwall Beds”. The intersection intervals and averaged WO3 grades are summarised in the table below. One metre sample assay data is included in the appended consulting geologist’s report. The sample sites were selected based on previous drilling and modelling but the average WO3 grade of the intersections recovered were somewhat higher than expected, based on this previous work. The actual interval that will be composited into the three metallurgical samples (particularly the B Lens) will have some minor interval adjustments so that the average grade of the metallurgical samples is close to 0.74% WO3, (which is the average of the Dolphin open‐cut Reserve) so no “grade bias” is introduced into the metallurgy test‐work. Three 100 kg samples have been despatched to a laboratory in Melbourne to undergo the same VSI comminution that was successfully used for the metallurgical test work on the generic sample reported on 6 March 2018. | |
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