Exploration Update - Moolyella RC Drill Program Completed
A total of 2,582m of drilling was completed at the two prospects, with sampling and geological logging completed on one metre intervals. (See Figure 1 in linked release)
Results from the first 6 holes drilled, 5 at Pegmatite Gully and 1 at Eluvial Gully, returned significant results up to 2,201ppm tin and 90ppm tantalum. Samples were prepared using a sodium peroxide fusion method, and assayed by ICPMS. Geological logging of samples in the field, from the holes still to be assayed, has identified molybdenum mineralisation in a number of samples, as shown in Figure 2 in link below.
Additionally, tin and tantalum mineralisation, in quartz and pegmatite veins within a granodiorite host, has been identified by on-site geologists in a number of samples. Samples from the drilling program are currently en-route to Perth for laboratory analysis, and results will be reported as they become available.
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