For thousands of other reports visit RSC's Mineral Intellingence Map
Mount Burgess Mining NL
Summary
| Project: | Kihabe-Nxuu | |
|---|---|---|
| Deposit: | Nxuu | |
| Location: | Botswana | |
| Commodities: | Vanadium-Zinc-Lead-Silver | |
| Date: | 8/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-8-2018: Mount Burgess Mining NL announces an Exploration/Drilling Update report for its Nxuu deposit at the Kihabe-Nxuu project. Historic drill results incl. 33.00m @ 3.61% ZnEq from 10.0m. As previously announced the Nxuu Deposit contains Zinc, Lead, | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Giles Dale (Independent) | |
| ABSTRACT: | As previously announced the Nxuu Deposit contains Zinc, Lead, Silver, Germanium and Vanadium mineralisation within a totally oxidised Quartz Wacke. This style of mineralisation has been described as sedimentary exhalative (SEDEX) within this Neoproterozoic belt of NW Botswana. The Quartz Wacke formation which is mineralised from 3m below surface (Kalahari sand cover) to a maximum depth of 58.70m is a gently sloping bowl shape deposit, covering an area roughly 550m X 250m, bounded by a barren regional dolostone. Collation of assay results from recent and historical vertical drilling totaling 19 holes shows that by including Vanadium mineralised intersections which amount to 233.45m there is an increased thickness of metal equivalent values above the applied cut-off grades by a factor of 22%. With added Vanadium mineralisation translated into above cut off metal values, this strongly indicates the potential for increasing the volume of the mineralised deposit of Zinc, Lead and Silver. Germanium could add as a further credit but has not been taken into account at this stage. Results from the 19 holes drilled in Sections 1 to 4 (Refer Figure 1 – Drill map Nxuu) have been collated to show those intersections that were mineralised above the applied low cut grade and those intersections that were not mineralised above the applied low cut grade. A 1% low cut has been applied to the Zn/Pb/Ag Zinc equivalent grade. A 100ppm low cut has been applied to Vanadium. Mineralisation in the 19 drill holes was intersected from as shallow as 3.00m below surface (Kalahari sand cover – NXDD030) to a maximum depth of 58.70m (NXDD002). The average depth to the base of mineralisation from these 19 drill holes was only 41.92m. Refer to cross sections Figures 2 to 5 showing intersections of Vanadium mineralisation above 100ppm. | |
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