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MRG Metals confirms major zone of high-grade mineral sands in Mozambique
5:18 CAT | 07 Jan 2021
FILE PHOTO - MRG also plans to start auger drilling at the Marao target this month. [File photo:
- The company holds a large footprint in a rich titanium sand province with 631 square kilometres of exploration licences granted and 360 square kilometres of licence applications pending approval.
MRG Metals – MRG Metals confirms major zone of high-grade mineral sands in Mozambique
MRG also plans to start auger drilling at the Marao target this month.
MRG Metals Ltd’s (ASX:MRQ) assay results from Phase 2 aircore drilling at two priority zones of Nhacutse target within the Corridor South Project in Mozambique confirm a major zone of high-grade mineral sands.
The Phase 2 Nhacutse drilling consisted of 12 aircore holes drilled within the Priority 1 high-grade total heavy mineral (THM) target and four aircore holes at the Priority 2 target
Results from the Priority 1 target area of about 18 square kilometres have further confirmed the aircore results from the company’s Phase 1 aircore drilling at the Nhacutse target.
High-grade zone
Within the target, the company has identified a high-grade THM zone with a footprint measuring around 5.29 square kilometres, from 16 aircore drill holes at 500 metres to 1-kilometre spacing.
These assayed an average of 5.29% THM to a depth of 30.18 metres.
Furthermore, three smaller higher-grade zones with a total area of approximately 2.5 square kilometres and an average THM grade of 6.05% THM were also identified.
The Phase 2 drilling also confirmed that high-grade heavy mineral sand (HMS) mineralisation extends between and links the Bungane and Nhacutse prospects.
“Identifying best early mine feedstock”
MRG Metals chairman Andrew Van Der Zwan said: “Fantastic results at the priority 1 target add to the previous results in the same area, confirming the potential of Nhacutse to host significant tonnage from the surface of greater than 5% THM, with internal higher-grade pockets of greater than 6%.
“Add this to the high-grade THM found in Priority 2 target, with potential for significantly enhanced VHM, supports both targets for follow-up drilling to mineral resource estimate requirements.
“We now have multiple zones that fit our strategy of identifying the best early mine feedstock, with further opportunities within Corridor South still to be evaluated.
“With auger drilling due to commence in Marao in January, the first quarter of 2021 is likely to define the priorities for 2021.”
Phase 2 aircore drilling
Phase 2 drilling at Nhacutse firstly involved the infill drilling of 12 aircore holes, focused on testing the excellent Phase 1 drilling results at the Priority 1 Target north and northeast of the town of Nhacutse.
The drilling results confirm the continuity, strike and depth extensions of the Priority 1 high-grade HMS mineralisation.
Priority 2 target
The program at Nhacutse included four additional holes in the eastern part of Nhacutse.
A composited sample from auger drill holes within the vicinity of the four drill holes, analysed by CSIRO Mineral Resources via particle analyses, QemScan and Bulk Mineralogy, indicate VHM.
These holes were drilled to gain further information and source additional HMC for mineralogical studies of an emerging zone of higher VHM concentration, interpreted from previous Qemscan analysis from auger drilling.
The high-grade 30 metres at 4.22% THM found in this area indicates the potential for higher-grade mineralisation to be discovered in this Priority 2 Target area.
Results from Zulene and Varia
Nhacutse results follow strong aircore results from widely spaced (700 metres to 2,200 metres) maiden aircore drilling at the Zulene and Viaria targets.
The drilling program comprised of seven aircore drill holes, five at Zulene and two at Viaria, for a total of 207 metres.
The Zulene holes ranged in grades from high-grade mineralisation of less than 5% THM to moderate grades in the other three holes of +3% THM.
Viaria returned encouraging results with both holes returning results with multiple 3 metres intervals of more than 4% THM.
Zwan said: “It is with great pleasure that we can advise that the assay results received from our Zulene and Viaria targets confirm the THM mineralisation and that it continues at depth, meaning we now have another very promising drill target in the mix for prioritisation as we kick off 2021 exploration.”
Source: Proactive Investors
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