Premier African identifies more tungsten at RHA in Zimbabwe
By Philip Whiterow January 08 2014, 8:36am
proactiveinvestors.co.uk
Premier African Minerals ( LON:PREM) has completed additional drilling of Lode 2A at the RHA Tungsten Project in Zimbabawe, a programme recommended in the Preliminary Economic Assessment for the development.
Twelve inclined diamond holes were drilled, totalling 1,300m, and quartz veins with visible tungsten mineralisation in the form of coarse grained wolframite (Fe Mn) WO4 were intersected in all the holes.
Core logging indicates a correlation with previously identified and assayed mineralisation intersections in previous drilling, Premier said.
Geological logging is complete and cutting and sampling of the mineralised intersections is progressing well, it added. Once assays are available, the RHA geological model and resource statement will be updated. The company has an 49% interest in RHA.
SGS South Africa will undertake mineralogical and metallurgical test work on the drill samples obtained from Lode 2A, which will help refine the metallurgical design and the finalisation of a proposed off-take agreement.
George Roach, Premier’s chief executive, said he was “very pleased” with the preliminary indications of continuity at RHA.
“Our primary focus remains the early reopening of this mine and the updating of the geological model and resource statement, together with the confirmatory metallurgical work being undertaken are important steps in facilitating this.
“The results of the metallurgical test work being done by SGS will guide the finalisation of the off-take and marketing agreements.”
|
