For thousands of other reports visit RSC's Mineral Intellingence Map
Strike Resources Ltd.
Summary
| Project: | Burke | |
|---|---|---|
| Deposit: | Burke | |
| Location: | Australia | |
| Commodities: | Graphite | |
| Date: | 6/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-6-2017: Strike Resources Ltd. announces an Exploration/Drilling Update report for its Burke deposit at the Burke project. Drilling results incl. 97m @ 11.4% TCG from 11.0m. Strike Resources Limited (ASX:SRK) is pleased to report that the first drilling | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Smith (Not Stated) | |
| ABSTRACT: | Strike Resources Limited (ASX:SRK) is pleased to report that the first drilling programme undertaken at its Burke Graphite Project1 (Project) in Queensland has encountered extensive zones of very high-grade graphite mineralisation (refer Table 1), including: The preliminary results of this initial drilling campaign are extremely encouraging, as they confirm that we have an extensive zone of extremely high-grade graphite that appears to be potentially amenable for low cost open pit mining. A maiden drilling campaign was undertaken by Strike to test the graphite mineralisation extension in the key Burke tenement EPM 25443. Drilling commenced on 24 April and was completed on 14 May 2017. The results to date indicate wide, continuous high-grade (% TGC) graphite schists which from previous sampling have demonstrated large to jumbo flake size potential. The geometry of the mineralised zone and its occurrence from surface indicate potential for a low cost open pit mining operation. The graphitic schist varies from a muscovite mica graphitic schist (lower grade) to a higher grade graphitic schist which exhibits alternating soft-friable and compact medium-hard graphitic schist bands. Pyrite veins and disseminations are observed in both zones along with minor calcite in the upper zone. Strike has submitted 3 samples from the BGDD001 drill core (refer Figure 2) for thin section analysis with Townend Minerology (Perth, WA) to assist in defining the relationship of large graphite flakes and the overall graphitic schist. This information will assist in understanding the controls for the large flake distribution with the aim for developing a forward exploration work programme. | |
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