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TopTung Ltd.

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Summary

Project:

Torrington

Deposit:Wild Kate
Location:Australia
Commodities:Tungsten
Date:9/13/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:13-9-2017: TopTung Ltd. announces an Exploration/Drilling Update report for its Wild Kate deposit at the Torrington project. Drilling results incl. 26m @ 0.507% W from 19m. The mineralised intercept in vertical diamond core (DC) hole 277 at Wild Kate prev
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Leon Pretorius (Internal)
ABSTRACT:The mineralised intercept in vertical diamond core (DC) hole 277 at Wild Kate previously reported (ASX 18th August 2017) as 19m at 0.51% W from 19 to 38m downhole has been extended a further seven metres to 45m depth. Tungsten mineralisation at Torrington occurs within a silexite host rock, a quartz-topaz greisen associated with the regional Mole granite basement. The silexite occurs as intrusive pipes, dykes and sills and tungsten mineralisation is highly variable in grade and distribution within silexite. Drilling to date has been predominantly targeting old workings and outcropping silexite, but DC hole 277 highlights the potential of buried silexite as a future target. Drilling to date has tested only about 10% of the potentially mineralised surface area and many of the earlier holes around Mt Everard were terminated at 14m if silexite was not intersected. In previous ASX updates attention has been drawn to a variable thickness (up to 12m) layer of clay overlying portions of the silexite sills at Wild Kate. In the case of DC hole 277 it was 11m thick. The clay is kaolinitic and free digging and although the Company has previously said it may have a negative financial impact on the Project where present, research into its potential uses and markets indicate it may contribute some value.

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