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Titanium Sands Ltd.
Summary
| Project: | Mannar Island | |
|---|---|---|
| Deposit: | Mannar Island | |
| Location: | Sri Lanka | |
| Commodities: | Ilmenite-Leucoxene-Zircon-Rutile-Magnetite | |
| Date: | 1/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-1-2018: Titanium Sands Ltd. announces an Exploration/Drilling Update report for its Mannar Island deposit at the Mannar Island project. Drilling results incl. 5m @ 11.79g/t Au from 0m. The vendor of the Mannar Island Heavy Mineral Sands Project, Srinel | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: James Searle (Internal) | |
| ABSTRACT: | The vendor of the Mannar Island Heavy Mineral Sands Project, Srinel Holdings Ltd, has advised Titanium Sands Ltd that laboratory results for a further 477 hand auger drill holes have been received from the Mannar Island Project in Sri Lanka (Figures 1 and 2). The results confirm visual logging observations at the time of drilling that there are extensive areas of heavy mineral concentration in the interior of Mannar Island adjacent to the previously announced heavy mineral resources. Drilling results previously reported (ASX announcement 15 October 2017) were largely from drilling in 2016 carried out along lines 800m apart and drill holes 50m apart. These latest results are from 2017 drilling that consisted of infill drilling and some mineralisation extension drilling. Much of the drilled mineralisation is now covered by a 400 by 50m drilling pattern. The mineralization defined by the drilling results to date extends for a strike of 12km and has a cross strike width of up to 3km (Figure 2). It is up to 6m thick and averages around 1.5m. There is essentially no overburden and the mineralisation extends continuously down to the limit of the drilling at the water table. Drilling to date on the Mannar Project only extends down to the water table, the exploration potential for deeper mineralisation remains untested. | |
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