Sydney, May 13, 2008 AEST (ABN Newswire) - Tamaya Resources Limited (ASX: TMR or "Tamaya")(PINK:TMAYF) has completed a remapping of the Regua Tungsten project (TMR 86.2%), and a detailed data review following the mobilisation of an exploration team for the project in late 2007.
Based on the current project assessment, Tamaya will now aggressively progress a work schedule for the project that targets the end of 2009 for the completion of all pre-licensing work.
Previous drilling results recorded at the project demonstrate outstanding grades supporting the potential for a bulk open pit mining operation, with excellent infrastructure in the area.
The Company intends supplementing these with a 4,500 metre drill campaign during 2008 and 2009
Shareholders will be updated on initial drill results at the end of the June quarter, and then throughout the second half of 2008.
A review of the data package acquired as part of the project, has revealed that Rio Tinto completed 2017.4m of diamond drilling on the project in the mid 1980's, supported by extensive trenching and sampling programs.
Rio Tinto modeled by kriging, the mineralization for the project to produce a mineral inventory for internal reporting purposes, the validation of which will be the focus of initial drilling. This will involved twinning and assaying a selected number of the old holes which have been resurveyed, and will use that data set to prepare an Inferred Resource.
Infill drilling will follow, which will allow the resource to be upgraded to Measured and Indicated Resource status, and provide material for preliminary metallurgical testwork and samples for market testing. Scoping of the feasibility study on the project will be undertaken at the end of 2008, followed by an application for a mining licence in late 2009.
Drilling Results to Date
The drilling results recorded by Rio Tinto demonstrate outstanding grades, with evident potential for a bulk open pit mining operation supported by excellent infrastructure in the area.
Geology
The Regua deposit consists of two skarn horizons hosted within calc-silicate altered metasediments which are part of an Upper Proterozoic/Lower Cambrian sequence.
The skarn horizons are locally folded with parasitic and secondary folding thickening the skarn units at the fold hinge.
The deposit is truncated by a steeply dipping fault. The skarn horizons are interpreted to have a shallow dip to the NW of the Fault and to be steeply dipping to the SE of the fault.
This interpretation is consistent with dip measurements at the surface and with diamond drilling results.
Trenching
In 1985, there were 4,550m of trenches dug for 561 samples taken at the project. The assays from the trench samples had a range from below detection limit to 3.24% WO3.
The trenches varied in length from 0.4m to 19m with an average length of 3.0m.
Tamaya holds an 86.2% interest in the Regua Tungsten project as part of the acquisition of its majority shareholding in Iberian Resources Limited ("Iberian") in 2007.
Contact
Hugh Callaghan
Executive Chairman
Tamaya Resources Limited
Media:
Fortbridge
Bill Kemmery
Tel: +61 (0) 400 122 449
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