For thousands of other reports visit RSC's Mineral Intellingence Map
Strandline Resources Ltd.
Summary
| Project: | Tanga South | |
|---|---|---|
| Deposit: | Tajiri, Pangani-Tongoni | |
| Location: | Tanzania | |
| Commodities: | Rutile-Zircon-Ilmenite-Leucoxene | |
| Date: | 2/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-2-2017: Strandline Resources Ltd. announces an Exploration/Drilling Update report for its Tajiri, Pangani-Tongoni deposit at the Tanga South project. Drilling results incl. 39m @ 2.2% THM from 0m. Aircore (AC) drilling results for the heavy mineral sand | |
| Resources: | (Resource, Ind.): 59Mt @ 3.7% THM for 2.2Mt THM in-situ | |
| CP/QP: | [Overall Report]: Mark Alvin, Brendan Cummins (Internal) | |
| ABSTRACT: | Aircore (AC) drilling results for the heavy mineral sands (HMS) mineralised corridor south of Tanga (Tanga South) confirms the discovery of multiple new higher grade deposits at Tajiri and Pangani-Tongoni tenements and shows potential to significantly extend the existing Tajiri Mineral Resources. Early geophysical and geochemical analysis at Tanga North (Kitambula) confirms a series of large coherent HMS mineralised zones at surface, ready for target drilling and Mineral Resource delineation by the Company. These results re-affirm the increasing HMS scale potential and commerciality of Strandline Resources’ tenement portfolio in the Tanga Region, spreading over 100km’s of contiguous coastline. The Company has received assay results from its next phase of exploration drilling across the Tanga South tenements at Tajiri and Pangani-Tongoni, located near the port infrastructure of Tanga in north-east Tanzania. Recent exploration has been very successful in identifying at least two new promising discoveries at Tajiri and the Pangani-Tongoni tenements and confirming a significant higher grade HMS mineralisation extension zone south of the current Tajiri Indicated Mineral Resource (19mt @ 5.1% THM). With some additional infill drilling in the next campaign from April 2017, the Company is confident of increasing its high grade Mineral Resources inventory in this highly mineralised coastal corridor (refer Figure 2). Further, the Company has qualified the HMS prospectivity of the Tanga North (Kitambula) area through geophysics and reconnaissance and will prioritise drilling multiple higher grade targets in the next campaign. In parallel with exploration, the Company will progress an internal concept evaluation of project development options and strategies. This includes consideration of a hub style operation in the Tanga Region based on mining a series of ‘economic grade’ HMS deposits along the 100% owned tenement package. | |
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