Centrex Metals Commissions Ardmore Feasibility Study

THE DRILL SERGEANT: Centrex Metals (ASX: CXM) has appointed Qube Bulk Pty Ltd to conduct a Feasibility Study for mine to ship logistics options at the company’s high-grade Ardmore phosphate rock project in Northwest Queensland.

Centrex Metals said the Feasibility Study will consider both bulk and containerised haulage options, and is expected for completion in mid-2017.

The company explained that phosphate rock from Ardmore is planned to be trucked 90 kilometres by existing roads to the Mount Isa-Townsville rail line where it will be hauled to the Port of Townsville for export.

Centrex claims Ardmore to be one of the few remaining undeveloped high-grade phosphate rate deposits in the world.

“As part of the validation of the historical drilling data to convert the Exploration Target to JORC Mineral Resources, Centrex commenced and is nearing completion of ground surveys of the drill collar locations,” Centrex Metals said in its ASX announcement.

“The survey work has revealed the historical drill holes were marked with steel pegs, with drill hole numbers etched into the steel.

“An initial ground survey has located more than half the historical drill collars, and a follow up survey will be completed in the coming weeks to locate the remainder.”

Website: www.centrexmetals.com.au