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Northern Minerals Ltd.
Summary
| Project: | Browns Range | |
|---|---|---|
| Deposit: | Dazzler | |
| Location: | Australia | |
| Commodities: | Rare Earth | |
| Date: | 9/3/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-9-2019: Northern Minerals Ltd. announces an Exploration/Drilling Update report for its Dazzler deposit at the Browns Range project. Drilling results incl. 52m @ 4.15% TREO from 20m. Australian heavy rare earths producer, Northern Minerals Limited (ASX: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robin Wilson (Internal) | |
| ABSTRACT: | Australian heavy rare earths producer, Northern Minerals Limited (ASX: NTU) (the Company) is pleased to announce that final assays from Reverse Circulation (RC) drilling at Dazzler have confirmed the high-grade nature of the deposit. A program of RC drilling was completed in May, with 17 holes for 1143m completed at Dazzler and 5 holes for 300m at Iceman. Drilling at Dazzler was mostly exploration and extension drilling to the southeast of the deposit, with a further two infill drill holes successfully completed. The infill drilling at Dazzler returned high-grade results with one hole, BRDR0035, returning the best drilling intersection ever recorded at the Browns Range Project. Table 1 below summarises all the significant drilling results from Dazzler, including results from a newly discovered mineralised zone located 250m southeast of Dazzler. There were no significant assay results from the five RC drill holes completed at the Iceman prospect. The RC drilling to the southeast of Dazzler and northwest of Iceman has highlighted a new mineralised zone, with four drill holes (BRDR0030, 0031, 0032 & 0036) intersecting significant mineralisation (see Figure 2 below). Mineralisation is currently open along strike to the northwest and southeast. Mineralisation at the new prospect occurs in a similar geological setting as at Dazzler and Iceman, associated with the unconformity between the younger Gardiner Sandstone unit and the underlying, older Browns Range Metamorphics. These three prospects, all in close proximity and occurring in a similar geological setting, indicate a fertile mineralising system with the potential for further similar discoveries. Follow-up drilling is planned to commence in this area in September. | |
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