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Minbos Resources Ltd.
Summary
| Project: | Ambato | |
|---|---|---|
| Deposit: | Ambato | |
| Location: | Madagascar | |
| Commodities: | Rare Earth | |
| Date: | 10/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-10-2018: Minbos Resources Ltd. announces an Exploration/Drilling Update report for its Ambato deposit at the Ambato project. pXRF on core results incl. 17m @ 4.6% TREO from 33.0m. Minbos Resources Limited (Minbos) is pleased to advise that drilling is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Rebecca Morgan (Independent) | |
| ABSTRACT: | Minbos Resources Limited (Minbos) is pleased to advise that drilling is now complete on its Ankazohambo Prospect, one (1) of the seven (7) known rare earth targets on its Ambato Rare Earths Project (Ambato) in Madagascar. The Ankazohambo Rare Earth prospect is located approximately 200 km to the south west of Antananarivo, in the Ambatofinandrahana Municipal area of the South Central Highlands of Madagascar. The Ankazohambo prospect lies within a broad NNW – SSE trending synclinorium of Proterozoic age dolomitic limestones of the Itremo Formation, and roughly 2.5 km to the South of the Pan African age Vohimavo Granite. The Itremo Formation is represented at Ankazohambo by a clean stromatolitic limestone in the West, with increasingly argillic content towards the East. The Ankazohambo prospect itself, is located on a laterite covered topographic high of tectonically brecciated argillic limestone, with small outcrops of partially silicified aplite (referred to alternately as a syenite) at the northern and southern ends of the laterite covered hill. The metamorphic grade in this region is low, but increases to lower amphibolite facies in the hills to the East. Hydraulic brecciation is interpreted to be directly related to the intrusion of the aplitic dyke into water saturated limestone. | |
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