For thousands of other reports visit RSC's Mineral Intellingence Map

Premier African Minerals Ltd.

opaxe

Summary

Project:

RHA

Deposit:RHA
Location:Zimbabwe
Commodities:Tungsten
Date:11/21/2018
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Mine Development
Report details:21-11-2018: Premier African Minerals Ltd. announces an Exploration/Drilling Update report for its RHA deposit at the RHA project. Drilling results incl. 0.256m @ 7.11kg/t WO3 from 122.90m. Premier African Minerals Limited ("Premier" or the "Company") is p
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Wolfgang Hampel (Internal)
ABSTRACT:Premier African Minerals Limited ("Premier" or the "Company") is pleased to provide an update on its drilling programme at the RHA Tungsten Mine ("RHA") in Zimbabwe in which Premier has a 49% interest and is the operator. The drill programme is inter alia intended to guide future development at RHA, in particular whether to continue underground operations through expansion of the existing vertical shaft or to develop a new decline, which when completed would support a significantly greater mining rate. The preliminary analytical results set out in this announcement from underground drilling at RHA have been returned from the Company's own on-site analysis using calibrated XRF and certified reference material. Check samples have been submitted to SGS South Africa and the results of this analysis will be released in due course. George Roach, Premier's CEO, commented: "Most encouraging are the multiple high-grade intersections and the potential convergence of the ore bodies as we move southeast of the main mining areas. This drill programme has already confirmed forecast depth extensions below the current 870 level and the convergence and widening of the ore body would seem to support an increase in tonnage and development of a decline shaft system. RHA plant includes XRT upgrading and has a capacity of up to 50 tonne per hour of sized material through the sorter and is easily capable of accommodating increased ROM feed rates that could be achieved through development of a decline. Whilst the nature of the ore body at RHA is "spotty" with big variances over short distances, the sheer number of high-grade intersections is most encouraging. In summary, the preliminary internal assay results indicate multiple mineralised load structures with wolframite at commercial grades and visible copper mineralisation in the form of chalcopyrite co-existent in the same ore bodies as the wolframite.

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