For thousands of other reports visit RSC's Mineral Intellingence Map
Renascor Resources Ltd.
Summary
| Project: | Arno | |
|---|---|---|
| Deposit: | Siviour | |
| Location: | Australia | |
| Commodities: | Graphite | |
| Date: | 8/29/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-8-2016: Renascor Resources Ltd. announces an Exploration/Drilling Update report for its Siviour deposit at the Arno project. Drilling results incl. 35m @ 8.7% TGC from 17m. Renascor Resources (ASX: RNU) is pleased to announce final assay results from i | |
| Resources: | (Resource, Total): 16.8Mt @ 7.4% TGC at Siviour | |
| CP/QP: | [Overall Report]: G. W. McConachy (Internal) | |
| ABSTRACT: | Renascor Resources (ASX: RNU) is pleased to announce final assay results from its recently completed reverse circulation drill program at its Siviour Graphite Deposit, located within the Arno Graphite Project in South Australia’s Eyre Peninsula. See Figure 2. Renascor has now received all assays from samples submitted in the 31-hole program, with results including some of the thickest intervals of near-surface graphite to date from holes drilled 700m east of the currently defined Siviour Indicated Resource (outside of the areas covered by the current JORC Mineral Resource estimate). This eastern drill section targeted a new ground electromagnetic (EM) conductive zone that remains open, and the drill results suggest potential for an additional high-grade extension to the east of the Siviour Deposit. In addition, final assays received from 23 holes drilled immediately west of the Siviour Indicated Resource (within and west of Inferred Resource) confirm the continuity of the thick, shallow and near flat-lying mineralised body for at least an additional 1km to the west. See RNU ASX release dated 22 August 2016 for previously reported results in this western area. The results suggest strong potential to expand the Siviour Deposit, with a revised JORC Mineral Resource estimate expected upon completion of resource modelling. | |
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