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Oriental Non-Ferrous Resources Development Inc.
Summary
| Project: | Kharganii am-1 | |
|---|---|---|
| Deposit: | Kharganii am-1 | |
| Location: | Mongolia | |
| Commodities: | Molybdenum | |
| Date: | 7/19/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-7-2016: Oriental Non-Ferrous Resources Development Inc. announces an Exploration/Drilling Update report for its Kharganii am-1 deposit at the Kharganii am-1 project. Molybdenum analysis results incl. 6.00m @ 1.23% Mo from 574.20m. JULY 19, 2016 - Vanco | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Yungang Wu (Independent) | |
| ABSTRACT: | JULY 19, 2016 - Vancouver, British Columbia, Canada: Oriental Non-Ferrous Resources Development Inc. (the “Company” or “ONFRD”) wishes to provide a summary of results of molybdenmum analysis from six diamond drill holes completed in 2015 in the Kharganii am-1 Molybdenum Property (the "Property"). The Company remains pleased and encouraged by the Molybdenum results received from the drill hole intercepts on the property located in the Tövaimag of Mongolia. Elevated and anomalous Molybdenum results were received in all drill holes along the southwest corner of the property with the best results averaged 2.413% Mo over 3.0 meters. A summary of significant drill hole results for molybdenum are highlighted in the table 1 below. All intervals are reported as drill core widths. The exploration drilling program in the property was carried out by contractor Mongolian Zheng Yuan Ltd. (Zheng Yuan). All drill core logging and sample preparation was conducted by geologists of Zheng Yuan at drilling site.The NQ-sized drill core was split in half using a rock saw and one-half of the drill core was kept in the core tray for reference purposes and the other half core was individually bagged, tagged, and sealed. The molybdenum analysis was performed by Zheng Yuan Analytical Laboratories in Mongolia. Blank of glass, standards and duplicates were inserted into the sample streams at 5% of all assays; more than 10% and 5% of samples were selected for internal and external auditing test respectively. | |
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