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Tando Resources Ltd.
Summary
| Project: | SPD | |
|---|---|---|
| Deposit: | SPD | |
| Location: | South Africa | |
| Commodities: | Vanadium | |
| Date: | 1/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-1-2019: Tando Resources Ltd. announces an Exploration/Drilling Update report for its SPD deposit at the SPD project. Drilling results incl. 35.0m @ 2.11% V2O5 from 47.0m. Tando Resources (ASX: TNO, Tando or the Company) is pleased to announce outstandi | |
| Resources: | (Resource, Inf.): 588Mt @ 0.78% V2O5 | |
| CP/QP: | [Overall Report]: Bill Oliver (Internal) | |
| ABSTRACT: | Tando Resources (ASX: TNO, Tando or the Company) is pleased to announce outstanding magnetic concentrate results which demonstrate the high grade nature of its SPD Vanadium Project. Significant intersections are shown on Figure 1 and tabulated in Appendix 1 as both whole rock and concentrate analyses including Concentrate was generated from mineralised drill samples from Tando’s VRC001 and VRC002 by Davis Tube, which separates magnetic material from non-magnetic material. Both the magnetic and non magnetic fraction were then analysed by XRF. Samples were taken from mineralised intervals with whole rock vanadium contents above 0.5% V2O5 (refer Appendix 1 and ASX Announcements 12 October 2018, 25 October 2018 and 28 November 2018). Further samples have been submitted for Davis Tube analysis. The mass recovery expressed above refers to the weight of magnetic material recovered as a percentage of the total sample weight. The higher the mass recovery, the less material is required to be processed to achieve a production target and the less waste needs to be disposed of or stored. The concentrate analysis is very consistent in vanadium and titanium content throughout the mineralised intervals, with low levels of silica and alumina. Concentrate samples, along with specifications, have been provided to potential offtake partners for their review. Metallurgical testwork is in progress on wide diameter core samples from Tando’s 2018 drilling programme, aiming to replicate these results on a larger, process plant scale. Results from this work will be fed into Tando’s Scoping Study, which is progressing at pace. | |
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