THE DRILL SERGEANT: Image Resources (ASX: IMA) reported drilling results from a program focused on adding new Ore Reserves at the company’s 100 per cent-owned, high-grade, zircon-rich Boonanarring mineral sands project, located north of Perth in Western Australia.
“The focus of the program is to identify new Mineral Resources and Ore Reserves in the area that is within 10 kilometres from the current location of the Boonanarring wet concentration plant,” Image Resources said in its ASX announcement.
“Specific focus areas include the northern and southern extensions of the current Ore Reserve, as well as adjacent areas to the west associated with a recently announced 50mRL Strandline.”
Image Resources’ latest drilling aimed at extending the mine life at Boonanarring identified two strongly mineralised parallel strands at the Boonanarring Northwestern extension, both of which are 1.2km long.
The company has completed a 108-hole program at the Boonanarring Northwestern Extension (Central Stockcare) and due to the promising shallow results achieved, a further 73 holes are planned.
The two main strands that are each 1.2km in length have been outlined with the western strand producing some excellent intersections, including:
4 metres at 14.5 per cent heavy minerals (HM) from 15m;
3m at 14.3 per cent HM from 17m;
5m at 12.2 per cent HM from 13m;
4m at 10.9 per cent HM from 11m;
2m at 17.1 per cent HM from 16m; and
2m at 23.0 per cent HM from 14m in.
The eastern strand also produced good shallow intersections, including:
4m at 23.8 per cent HM from 10m;
4m at 27.1 per cent HM from 8m;
3m at 14.8 per cent HM from 9m; and
2m at 27.1 per cent HM from 9m.
Image Resources noted the eastern strand has grades similar to the currently mined Boonanarring Eastern strand, which it considers augers well for the follow up drilling program that is to commence soon.