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Metalsearch Ltd.

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Summary

Project:

Abercorn

Deposit:Abercorn
Location:Australia
Commodities:Kaolinite
Date:2/19/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:19-2-2020: Metalsearch Ltd. announces an Exploration/Drilling Update report for its Abercorn deposit at the Abercorn project. Drilling results incl. 27m @ 31.2% Al2O3 from 0m. Metalsearch Limited (ASX: MSE, “Metalsearch” or “the Company”) is pleased to an
Resources:x
CP/QP:[Overall Report]: Graham Rolfe (Not stated)
ABSTRACT:Metalsearch Limited (ASX: MSE, “Metalsearch” or “the Company”) is pleased to announce the XRF results of the -20um fraction from five more drill holes at the Abercorn Project (“Project”). The Company completed a 62-hole Air Core drilling program for 2,358 metres on the Project with depths ranging from 23 to 51 metres, for an average depth of 38 metres. (Figure 1). The total number of holes drilled within the Project is now 86 for a total of 3,172m. The Company is encouraged by the positive intersections of high quality kaolin. Drill hole ABAC 63 is located in the central body of the main prospect area ~700m SSE of the previously reported high grade hole ABAC 53 (20m @ 30% Al2O3) and ~200m NW of the Company’s highest quality historical hole (CK14). (Figure 2). Hole CK14 intersected 25m of highquality kaolin. These results confirm the high quality nature of mineralization at the Project. The consistent nature of the surficial 20m thick horizon of excellent quality kaolin is highly encouraging.

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