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Mineral Resources Ltd.
Summary
| Project: | Wodgina | |
|---|---|---|
| Deposit: | Wodgina | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 4/28/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-4-2017: Mineral Resources Ltd. announces a Resource Estimation report for its Wodgina deposit at the Wodgina project. Resource estimate at Wodgina increased by further 20%. Mineral Resources Limited (ASX: MIN) (“MRL”), is pleased to announce results of | |
| Resources: | (Resource, I+I): 120.8Mt @ 1.28% Li2O at project | |
| CP/QP: | [Resources]: Lynn Widenbar (Widenbar and Associates Pty Ltd.) | |
| ABSTRACT: | Mineral Resources Limited (ASX: MIN) (“MRL”), is pleased to announce results of recent re-sampling and infill drilling at the Wodgina Lithium Project carried out between September 2016 and April 2017. Widenbar and Associates Pty Ltd (“Widenbar”) has reviewed the updated data as at 21 April 2017 and produced a new Mineral Resource Estimate. The Inferred mineralisation in the “Cassiterite North East” area which was identified and reported on during March 2017, has been further extended with new assay results from an additional 29 holes. This has added an extra 19.8 Mt to the previously reported 101 Mt Resource at 1.29% Li2O (refer to MIN ASX announcement dated 21/3/17). The total Indicated and Inferred Pegmatite Mineral Resource at Wodgina is now 120.8 Mt at 1.28% Li2O. Existing reverse circulation sample pulps from previous drilling programs at Wodgina have been retrieved from storage and submitted to Nagrom Laboratories for assaying for Li2O. A total of 3,390 assays have been received. In addition, geological logging data from 160 new RC drill holes for a total of 38,554m has been received and used in a revised interpretation at the date of this Mineral Resource Estimate; data from 12,456 assay intervals has been used in the resource calculation. | |
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