Iron Mountain Mining identifies bauxite deposits at Nendo
THE DRILL SERGEANT: Iron Mountain Mining (ASX: IRM) claims to have identified extensive large-scale bauxite deposits at the company’s Nendo bauxite project in the Temotu Province of the Solomon Islands.
The deposit identifications stem from an initial phase of exploration on the project, which entailed comprehensive auger drilling and pit sampling programs.
The exploration work identified the presence of widespread high-quality bauxite mineralisation over a large area on the western end of Nendo Island.
The main target area presently defined by this work is approximately 12 kilometres square and remains open to the east, within similar terrain.
“Results to date indicate the tenor of aluminium oxide (Al2O3) content is fairly consistent, with little variation throughout the soil profile,” Iron Mountain said in its ASX announcement.
“Importantly, results show that mineralisation has low impurities and low reactive silica content.
“The company believes there is good potential to identify large areas of high-grade direct shipping bauxite mineralisation within the project area.”
Email: info@ironmountainmining.com.au
Website: www.ironmountainmining.com.au