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Plymouth Minerals Ltd.
Summary
| Project: | Banio | |
|---|---|---|
| Deposit: | Banio | |
| Location: | Gabon | |
| Commodities: | Potash | |
| Date: | 8/15/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-8-2017: Plymouth Minerals Ltd. announces an Exploration/Drilling Update report for its Banio deposit at the Banio project. Drilling results incl. 13m @ 18.2% KCl from 456.98m. Plymouth Minerals Limited (ASX:PLH) (Plymouth or the Company) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Adrian Byass (Internal) | |
| ABSTRACT: | Plymouth Minerals Limited (ASX:PLH) (Plymouth or the Company) is pleased to announce additional shallow depth, high-grade assay results for drill hole BA-003, the last of three holes drilled by Plymouth (Phase 1) on its 100% owned Banio Potash Project in Gabon(Figure 1). Plymouth is extremely pleased with these results and has now confirmed the presence of a large, high-grade potash mineralised footprint on the Alpha Target. Managing Director Adrian Byass stated “This latest set of results and data retrieved from drill hole BA-003 has confirmed our belief that laterally extensive high-grade potash mineralisation would be present on the Alpha Target and in addition, this success so early on in the exploration programme, is extremely encouraging for the Company. Our intention now is to expand the mineralised footprint and deliver a Mineral Resource that we hope will exceed our expectations. Re-supply of consumables including drill casing and field preparation is currently underway for Phase 2 and the location of finalised new drill collars will be announced in the near term.” The large Exploration Target for Banio (ASX 24th November 2016) highlights the massive potash potential within the Banio Project. Exploration Targets for potash mineralisation at its 100% owned Banio Project in Gabon are outlined below in Table 1. An additional potash-bearing seam was intercepted in BA-003 that was not developed in BATC-1 or BA-002. This is important as the intersection of an additional seam adds a further high-grade sylvinite to the inventory and enhances the potential to achieve, and possibly exceed, the top end of the previously announced Exploration Target. | |
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