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TopTung Ltd.
Summary
| Project: | Torrington | |
|---|---|---|
| Deposit: | Wild Kate, Burnt Hut | |
| Location: | Australia | |
| Commodities: | Tungsten | |
| Date: | 8/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-8-2017: TopTung Ltd. announces an Exploration/Drilling Update report for its Wild Kate, Burnt Hut deposit at the Torrington project. Drilling results incl. 9m @ 0.48% W from 9m. The drilling programme at Torrington was completed on 13th August 2017 wit | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Leon Pretorius (Internal) | |
| ABSTRACT: | The drilling programme at Torrington was completed on 13th August 2017 with 383 Reverse Circulation (RC) percussion holes being drilled for 10,669m and 16 HQ diamond core (DC) holes for 538.5m. All drilling was within the area approved by the Review of Environmental Factors (REF) covering the Wild Kate, Burnt Hut and Mt Everard Prospects. XRF assay results from a further 66 Reverse Circulation percussion (RC) and 8 Diamond Core (DC) holes completed to 5 July 2017 have been received and checked. The majority of these holes are located on the Wild Kate Prospect area (see Appendix 2 Figure 1). Nine holes were drilled at the Burnt Hut Prospect with no significant assays being returned. Samples from holes T365 to completion of drilling at T396 have yet to be submitted to the laboratory for assay. Typical medium grained silexite host rock can be seen in Photos 1 and 3. In Hole 276C the silexite is fresh, in Hole 277C it is weathered. Mineralisation in both samples comprises fine to medium grained ferberite (FeWO4) with coarse grained (earthy brown-black) ferberite also present. Mineralisation is also associated with the fractures (Photo 3) and a feldspar pegmatite phase. Although wide widths of silexite are being intersected, the tungsten mineralisation meeting the Company’s minimum criteria of 1,000ppm (0.1%) W over a 3 metre downhole intercept is not consistent within it. The silexite is however fertile, i.e. it contains variable amounts of mineralisation over wide widths and the distribution of the mineralisation should be better understood once all assays are received and the variography component of the resource estimation programme is completed. The silexite does contain approximately 20% topaz as part of its composition with quartz constituting the balance and the Company’s research into its beneficiation at the UNSW is progressing and bulk industrial markets are also being investigated. Success with either of these options will be a critical component of the project’s future viability | |
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