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Rafaella Resources Ltd.

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Summary

Project:

Santa Comba

Deposit:Santa Comba
Location:Spain
Commodities:Tungsten-Tin
Date:4/28/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:28-4-2020: Rafaella Resources Ltd. announces an Exploration/Drilling Update report for its Santa Comba deposit at the Santa Comba project. Drilling results incl. 78.2m @ 0.15% WO3, 135ppm Sn from 10.8m. Rafaella Resources Limited (ASX:RFR) (‘Rafaella’ or
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Lachlan Rutherford (Internal)
ABSTRACT:Rafaella Resources Limited (ASX:RFR) (‘Rafaella’ or ‘the Company’) is pleased to announce an update to the current feasibility drilling programme at its Santa Comba Tungsten project in Galicia, Spain. Drilling has continued to target nearsurface tungsten (wolframite) mineralisation, primarily at the Quarry prospect, where a JORC (2012) Inferred Mineral Resource Estimate (“MRE”) of 5.2Mt @ 0.203% WO3 was defined in 20161 Infill and extensional drilling has further confirmed that near-surface disseminated and vein mineralisation at the Santa Project is widespread and occurs external to the 2016 JORC MRE (Fig. 1). The bulk of the mineralisation intersected is situated above and to the north of the historic Mina Carmen underground tungsten mine (Fig. 2 & 3). It is also partly coincident with a current aggregate mining operation making access considerably easier as the ore body is outcropping. Drilling has primarily focused on the Quarry prospect where the majority of the 2016 MRE was delineated. Two primary styles of mineralisation have been intersected: disseminated and vein styles. Assay highlights are listed in Table 1.

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