Tawana Resources intersects high-grade itabrite mineralisation

THE DRILL SERGEANT: Tawana Resources (ASX: TAW) has been encouraged by initial results from an ongoing resource evaluation drill program currently underway at the company’s 100 per cent-owned Mofe Creek iron ore project in Liberia, West Africa.

Tawana has received assay results received for the first batch samples from the RC resource drilling completed at the Gofolo Main prospect.

Highlights of drilling intersections reported include:
 
18 metres at 48.8 per cent iron from 2 metres;

46m at 40.4 per cent iron from surface; and

50m at 31 per cent iron from surface.

 

Significant intersections at Gofolo Main over Digital Terrain Model image. Source: Company announcement

 

“Initial assay results from the Gofolo Main prospect continue to confirm high-grade mineralisation potential with significant widths and grade intersected along strike from previous reconnaissance drilling,” Tawana Resources managing director Len Kolff said in the company’s announcement to the Australian Securities Exchange.

“The successful drilling campaign at Gofolo Main greatly extends the potential mineable resource footprint at this prospect, and with similar mineralisation observed to previous holes, the effective production of a plus-60 per cent iron product via simple crushing and gravity separation should be confirmed in the upcoming metallurgical testwork program.”

Tawana said the drilling at the Gofolo Main prospect has confirmed intersections of high-grade, coarse itabirite mineralisation from surface.

It has also extended the Gofolo Main strike continuity by an additional 125 per cent from 0.8 kilometres to 1.8km, whilst mineralisation width has increased by an additional 50 metres in the central portion of the prospect.

Email:
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Website:
www.tawana.com.au