Segue ready to make next move

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THE DRILL SERGEANT: Segue Resources has received results from a recent drilling program carried out at the company’s Emang manganese project in South Africa.

A previous drilling campaign focussed on areas of outcropping manganese mineralisation, which was intersected in 80 per cent of all drill holes, with most intersections starting less than 15 metres below surface.

The initial drilling identified four areas of manganese mineralisation.

Three in the northern portion of the company’s Prospecting Right comprising the Northern, Central and Southern Areas, and one in the Hills Area, which is situated approximately 500 metres further south.

 


Reverse Circulation drill collar locations and manganese intersections. Source: Company announcement

Segue has received assay results from all 66 RC drill holes, with some of the better intersections including:

Northern Area

–    11.0 metres at 22.3 per cent manganese from 25.0 metres, including 2.0 metres at 30.3 per cent manganese from 25.0 metres.

Central Area

–    6.0m at 23.4 per cent manganese from 24.0m, including 3.0m at 32.0 per cent manganese from 27.0m.

Southern Area

–    16.0m at 25.9 per cent manganese from 32.0m, including 5.0m at 34.1 per cent manganese from 43.0m.

Hills Area

 

–    13.0m at 26.3 per cent manganese from 48.0m, including 2.0m at 39.3 per cent manganese from 49.5m.

Segue also completed nine diamond drill holes to provide additional and more accurate assay information, which it also intends using in preliminary mining studies and metallurgical testwork.

Some of the better assay results from the diamond holes are:

Central Area

–    5.7m at 26.1 per cent manganese from 17.4m, including 2.4m at 34.3 per cent manganese from 18.7m.

Southern Area

–    0.6m at 29.8 per cent manganese from 54.9m and 6.1m at 33.1 per cent manganese from 56.6m.

Hills Area

–    3.1m at 34.3 per cent manganese from 87.0m and 1.4m at 30.2 per cent manganese from 101.6m.
 
“The assay results continue to highlight the potential of the Emang manganese project to contain a large scale, high quality manganese resource which is close to surface,” Segue Resources managing director Steven Michael said in the company’s announcement to the Australian Securities Exchange.

“The consistency of assays exceeding 20 per cent manganese, and as high as 46.4 per cent manganese, is extremely encouraging and will contribute to the estimation of a JORC-compliant maiden resource, due to be released by the end of January 2012.”