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Strandline Resources Ltd.
Summary
| Project: | Tanga South | |
|---|---|---|
| Deposit: | Tajiri | |
| Location: | Tanzania | |
| Commodities: | Rutile-Zircon-Ilmenite-Leucoxene | |
| Date: | 3/27/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-3-2019: Strandline Resources Ltd. announces an Exploration/Drilling Update report for its Tajiri deposit at the Tanga South project. Drilling results incl. 66m @ 8.1% THM from 0m . Strandline Resources (ASX: STA) is pleased to announce another round of | |
| 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 another round of strong assay results which will help underpin a substantial mid-year Resource increase at its Tajiri mineral sands project in Northern Tanzania. The results provide more evidence that Tajiri is emerging as a game-changer for Strandline. The project has a valuable JORC Resource of 147 million tonnes grading 3.1% THM that contains 339,000t rutile, 201,000t zircon, 3,132,000t ilmenite and 322,000t almandine garnet. The current Tajiri Mineral Resource is in addition to the Exploration Target of 38Mt to 64Mt for the combined TC Central and South zones (refer to announcements 23 October 2018 and 18 February 2019). Tajiri is the second-most advanced project in the Company’s mineral sands portfolio behind the development-ready Fungoni project. The results are from the final batch of drill samples along a 3,000m strike length of the “channel” target south of the T4C Resource. Thick high-grade intervals of mineralisation have been discovered along an 800m-long bend in the interpreted paleo-coastline. | |
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