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Strandline Resources Ltd.
Summary
| Project: | Tanga South | |
|---|---|---|
| Deposit: | Tajiri | |
| Location: | Tanzania | |
| Commodities: | Rutile-Zircon-Ilmenite-Leucoxene | |
| Date: | 2/18/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-2-2019: Strandline Resources Ltd. announces an Exploration/Drilling Update report for its Tajiri deposit at the Tanga South project. Drilling results incl. 42m @ 7.9% THM from 0m . Strandline Resources (ASX: STA) is pleased to announce outstanding assa | |
| Resources: | (Resource, Ind.): 147Mt @ 3.1% THM at Tajiri | |
| CP/QP: | [Overall Report]: Brendan Cummins (Internal) | |
| ABSTRACT: | Strandline Resources (ASX: STA) is pleased to announce outstanding assay results which point to a substantial Resource increase at the Tajiri mineral sands project in Northern Tanzania. The results are the first from the extensive infill drilling campaign aimed at growing the resource inventory and establishing Tajiri as a Tier-one deposit. Tajiri’s JORC Indicated Mineral Resources stands at 147Mt at 3.1 % THM, containing in-situ valuable minerals comprising 339,000t rutile, 201,000t zircon, 3,132,000t ilmenite and 322,000t almandine garnet. In addition to this Resource, the Tajiri Exploration Target stands at 73-133Mt at 2.8% to 4.4% THM (see ASX announcement dated 26 June 2018). The Exploration Target estimate is summarised in Table 1 and the locations are presented in Figures 1 and 3. Strandline would caution the reader that the potential quantity and grade of the combined Exploration Target is conceptual in nature and there has been insufficient exploration to define a JORC compliant Mineral Resource. It is also uncertain if further exploration and resource development work will result in the determination of Mineral Resources. Drill results are expected to be announced progressively through the first half this year culminating in a JORC Mineral Resource update. | |
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