Tawana Resources hits new itabirite at Mofe Creek

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THE DRILL SERGEANT: Tawana Resources (ASX: TAW) has encountered a number of high-grade, coarse itabirite intersections over the Zaway prospect at the company’s Mofe Creek iron ore project in Liberia.

Tawana recently completed a program of 32 reverse circulation (RC) hole at the Zaway prospect.

Results from intersections over two kilometre strike, up to 200 metres wide included:

ZRC001: 6 metres to 32 metres at 39.5 per cent iron;

ZRC006: 0m to 40m at 34.6 per cent iron including, 12m to 34m at 40.6 per cent iron;

ZRC004: 0m to 34m at 37.1 per cent iron;

ZRC018: 0m to 46m at 36.2 per cent iron;

ZRC011: 0m to 100m (end of hole) at 29.4 per cent iron; and

ZRC022: 0m to 4m at 41.8 per cent iron, 16m to 26m at 37.2 per cent iron and 36m to 64m at 30.6 per cent iron.

“Surface mapping observations have been confirmed with multiple high-grade, coarse grained itabirite intersections reported in the maiden drilling program,” Tawana Resources managing director Len Kolff said in the company’s announcement to the Australian Securities Exchange.

 

Intersections at Zaway over Digital Terrain Model image
background. Drill collars shown in red, access tracks in black and
interpreted high-grade itabirite footprint in pink. Source: Company
announcement

 

“Positive drilling observations in the first holes resulted in the planned program being extended and in-filled to 200 metres by 60 metres drill spacing in support of a maiden inferred and indicated resource model.”

“Excellent geological continuity was observed within intersections and between drill holes and high-grade itabirite was drilled over a two kilometre strike length with surface widths of up to 200 metres defined and open to the east.

“Additional exploration upside within the near vicinity of the Zaway prospect has been confirmed in road cuttings and rock-chip sampling over a five kilometres strike, providing excellent growth prospects and resource extensions for the project.”

“Visual observation of diamond drill core, excellent grade continuity and low level contaminants within drill intersections at Zaway provides a high-degree of confidence that the mineralisation will beneficiate to a premium product and as well as the recently reported metallurgical results from Gofolo Main and Koehnko.”

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Website: www.tawana.com.au