For thousands of other reports visit RSC's Mineral Intellingence Map
MRG Metals Ltd.
Summary
| Project: | Corridor | |
|---|---|---|
| Deposit: | Koko Massava | |
| Location: | Mozambique | |
| Commodities: | Heavy Minerals | |
| Date: | 1/20/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-1-2020: MRG Metals Ltd. announces an Exploration/Drilling Update report for its Koko Massava deposit at the Corridor project. Drilling results incl. 54m @ 5.69% THM from 0m. MRG Metals (ASX Code: MRQ) is pleased to provide the second (of four) batch of | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Alvin (Internal) | |
| ABSTRACT: | MRG Metals (ASX Code: MRQ) is pleased to provide the second (of four) batch of laboratory assay results from aircore drilling on the Koko Massava prospect within the Corridor Central tenement (6620L). This second batch of results is again highly significant and further demonstrates the significant lateral and vertical extent of the mineralised footprint. In addition, it underpins the significant potential for definition of a high grade, large tonnage heavy mineral sand (HMS) mineral resource. The laboratory results are for a batch of 267 samples, including QAQC samples, from a total of 15 aircore holes. The hole numbers include 19CCAC120 to 19CCAC134 (Figure 1). The laboratory assay data set from these 15 aircore holes attained an uncut average downhole grade range of 3.05%–5.79% THM, from hole depths of between 51-54 metres. These results highlight the robust nature of the HMS mineralisation in the Koko Massava area that begins near surface and continues to the end of hole in numerous cases. Based on the data set currently available (aircore batches one and two), the surface footprint of the zone of high grade HMS mineralisation >5% THM is up to 4km in strike and 1.5km in width. This is expected to be expanded with the third and fourth batches of aircore assays. | |
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