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Tawana Resources NL
Summary
| Project: | Bald Hill | |
|---|---|---|
| Deposit: | Bald Hill | |
| Location: | Australia | |
| Commodities: | Lithium-Tantalum-Tin | |
| Date: | 10/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 11-10-2017: Tawana Resources NL announces a Resource Estimation report for its Bald Hill deposit at the Bald Hill project. JV with Alliance Mineral Assets Ltd - Mineral resource updated. Tawana Resources NL (Tawana) (ASX:TAW) is pleased to announce an upd | |
| Resources: | (Resource, I+I): 18.9Mt @ 1.18% Li2O for 223.3kt Li2O contained at Bald Hill | |
| CP/QP: | [Resources]: Matthew Cobb, Ralph Porter (CSA Global Pty Ltd.) | |
| ABSTRACT: | Tawana Resources NL (Tawana) (ASX:TAW) is pleased to announce an updated Indicated and Inferred lithium Mineral Resource for the Bald Hill Lithium and Tantalum Project, located in the Eastern Goldfields region of Western Australia. Tawana Resources Managing Director Mark Calderwood stated: “The 25Mt of combined high-grade lithium and tantalum resources represents a solid uplift from about five months of additional drilling. The additional Indicated Resources are likely to result in additional Reserves based on scoping level pit optimisations completed in June to focus the resource conversion drilling. Infill drilling is continuing and we expect to deliver another upgrade to Indicated Resources later this year. Due to the fact the resource remains open in several areas I look forward to further step out drilling planned for the new year. Additionally, the recently discovered high grade lithium and tantalum pegmatite located below the starter pit (refer announcement dated 2 August 2017), has not been included in the resource due to insufficient drilling.” CSA Global Pty Ltd (“CSA Global”) was commissioned by Tawana to update the lithium and tantalum Mineral Resource estimate for the Bald Hill Project. The Bald Hill Pegmatite Mineral Resource comprises one large, main, sub horizontal pegmatite body, striking north-south, with a strike length of 1,230 metres, and a width at its widest point of 1,080 metres. This main body is surrounded by several smaller discrete pegmatite bodies, sub-parallel to the main, which result in a total strike length for the whole resource of 2,045 metres, and a total width of 1,800 metres. The Mineral Resource has a total vertical depth of 245 metres, beginning 20 metres below the natural surface and plunging gently to the south along its entire strike length. | |
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