Accelerate Resources Limited

Maiden Manganese Drilling Commences at Woodie Woodie North

Accelerate Resources Limited (ASX:AX8) ("AX8" or the “Company") is pleased to announce the start of its maiden manganese drilling program at Woodie Woodie North in the Pilbara.


Highlights

  • Commencement of manganese exploration drilling at Woodie Woodie North in Western Australia’s Pilbara.
  • Seven priority areas identified within a continuous 33km corridor.
  • Targeting near surface oxide manganese as a feed for battery grade material as well as high grade siliceous manganese to supply the steel industry.

Figure1 – Surface High Grade Manganese at Braeside West

Managing Director Yaxi Zhan commented,
“We have commenced drilling at our Woodie Woodie North Manganese project in the Pilbara. This is an important milestone for Accelerate.”

“We are the first company to consolidate the project area and create a continuous 33km corridor within the world-class manganese province. This is the first drilling campaign within the project area in a decade.”

“With multiple target areas identified by team Accelerate, we look forward to updating the market and shareholders of the progress at Woodie Woodie North as the initial results from this program become available.”

Drill targets were identified via extensive historical data review and confirmed by recent field work including mapping, surface sampling and interpretation of high- resolution imagery. The analysis identified more than 100 manganese outcrop areas distributed over a 32 km strike length. A total of seven priority drill targets have been identified of which four will be drilled during planned phase one drilling of between 3000m to 4000m (Figure 2).

Figure 2: Exploration target areas, including areas of manganese outcrop

Prior exploration within the Barramine Project area identified widespread manganese occurrences in a similar setting to those deposits elsewhere in the East Pilbara manganese province, in particular the Woodie Woodie manganese mine. These manganese deposits are localised along the contact between the Carawine Dolomite and the Pinjian Chert Breccia with more intense and larger scale mineralisation occurring along fault structures. At Barramine, several such zones of intense manganese mineralisation were identified through rock chip sampling, soil sampling, mapping and drilling.

Figure 1 Schematic manganese mineralisation model

Barramine Project Area 1, Area 3 and Area 4

Area 1 drilling within the Barramine Project will follow-up on known hydrothermal mineralisation along the strike of a major N-S trending structure as well as mineralisation along the contact between dolomite and chert breccia as depicted in the mineralisation model (Figure 3).

Multiple target areas have been identified and historically drilled in Areas 3 and 4. The aim of the current drilling is to follow-up and extend the mineralisation along strike of host structures as well as investigate mineralisation along the dolomite/breccia contact.

The drill results from these areas will be used for the development of a JORC compliant Mineral Resource Estimate.


Click here for the full ASX Release

This article includes content from Accelerate Resources Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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