Pure Minerals Limited (ASX: PM1) has identified the presence of thick, continuous mineralisation, extending over an entire five kilometre strike length at the Pools prospect at the Battery Hub manganese project in Western Australia’s Gascoyne region.
Highlights are as follows:
• Drilling indicates presence of thick, continuous mineralisation extending over entire 5 km strike length at Pools
• Reverse circulation drilling results include: o BH0041: 3m @ 24.85% Mn within 22m @ 10.08% Mn o BH0045: 2m @ 26.43% Mn within 11m @ 11.43% Mn o BH0046: 2m @ 31.90% Mn within 9m @ 14.07% Mn o BH0053: 4m @ 25.05% Mn within 10m @ 16.29% Mn o BH0055: 3m @ 29.87% Mn within 15m @ 12.35% Mn
• Mineralisation remains open along strike and at down dip • Company to initiate metallurgical testwork that could enhance development possibilities of a potentially large-tonnage project
• Additional drilling results from Isles and Steven Ridge prospects to be published in coming weeks
Sean Keenan, CEO, commented:
The drilling at Julia and Pools prospects points to the potential for a large tonnage, low strip-ratio resource that, if beneficiation testwork proves to be successful, could yield a district-scale manganese project. The project so far exhibits some very favourable attributes for the development of a mining operation, namely higher-grade mineralisation near surface, allowing for lower capital expenditure and early cash flow generation, and a potentially large lower-grade resource for long-term sustainable production.