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Mount Burgess Mining NL
Summary
| Project: | Kihabe-Nxuu | |
|---|---|---|
| Deposit: | Gossan | |
| Location: | Botswana | |
| Commodities: | Vanadium | |
| Date: | 6/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-6-2018: Mount Burgess Mining NL announces an Exploration/Drilling Update report for its Gossan deposit at the Kihabe-Nxuu project. Historic drill results incl. 3.00m @ 4757ppm V from 14.0m. The Company has recently begun reviewing the available data as | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Karen Lloyd (Jorvik Resources Pty Ltd.) | |
| ABSTRACT: | The Company has recently begun reviewing the available data associated with the Gossan Anomaly, which is situated some eight kilometres south of the Kihabe Deposit. Upon defining an elevated base metal geochemical anomaly limited base metal drilling was undertaken at the Gossan Anomaly, first by Billiton (Botswana) Pty Ltd (Billiton) in 1982 and later by the Company in 2007 and 2008. Billiton drilled six percussion holes numbered AP015 to AP020. All these drill holes also returned what are now seen as significant Vanadium results, with values of up to 1% Vanadium at depths ranging from surface to 27m downhole. (Refer to Appendices 1 & 2) In 2007, the Company drilled the Gossan believed to be the source of the base metal geochemical anomaly generated by Billiton. Three RC drill holes, GRC001, GRC002 and GRC003 were drilled into the Gossan, all returning what are now seen as significant intersections of Vanadium mineralisation (Refer to Appendices 1 and 3). This was followed by five diamond core holes in 2008 GDD01, GDD01A, GDD02, GDD03 and GDD04, with GDD04 returning values of over 1% Vanadium.(Refer to Appendices 4, 5 and 6). The vanadium assay results from the Company’s drilling have not previously been released to the market under JORC (2012) guidelines. | |
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