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Rafaella Resources Ltd.
Summary
| Project: | Santa Comba | |
|---|---|---|
| Deposit: | Santa Comba | |
| Location: | Spain | |
| Commodities: | Tungsten-Tin | |
| Date: | 1/29/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-1-2020: Rafaella Resources Ltd. announces an Exploration/Drilling Update report for its Santa Comba deposit at the Santa Comba project. Drilling results incl. 6.7m @ 1.19% WO3, 295ppm Sn from 31.4m. Rafaella Resources Limited (ASX:RFR) (‘Rafaella’ or ‘ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Lachlan Rutherford (Not stated) | |
| 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 the majority of 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 the historical results and expanded the zone of interest. As expected, extensive zones of disseminated tungsten mineralisation have been intersected. In addition, the ultra high-grade veinhosted and cluster-type wolframite mineralisation being intersected has exceeded the Company’s expectations (Table 1, Figure 1). The Company is targeting an updated JORC MRE in Q2 CY2020. Drilling has primarily focused on infill and extensional drilling at the Quarry prospect where the majority of the historic MRE was delineated. Extensive zones of disseminated mineralisation continue to be intersected (Figures 1 & 2; Tables 1– 2). The broad zones of mineralisation often encapsulate discrete zones of high-grade vein-type and cluster-type wolframite mineralisation (e.g. 19DD0009 and 19DD00014). The Company is also encouraged by the intersection of disseminated mineralisation to the west of the previously defined area in the north of the Quarry prospect (e.g. 19DD00015) and plans to further test this area at shallower levels and even further to the west towards the Barrilongo area where disseminated mineralisation was intersected by historic drilling (e.g. 16DD0018)2 . The Company is also encouraged by visual observations of drill core to the east of drill hole 19DD0013 in the south of the Quarry prospect where disseminated mineralisation has been observed in a previously unrecognised endogranite sequence. The endogranite (two mica) sequences are ubiquitously mineralised elsewhere in the Project area, based on the current assays received to date. | |
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