BCB 5.08% 5.6¢ bowen coking coal limited

a potential 67 square km hematite blanket area

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    SINCORÁ AREA – A POTENTIAL 67KM2 HIGH GRADE HEMATITE MINERALISATION BLANKET AREA NOW IDENTIFIED
    • At Queixada Zone, the high grade hematite area potential substantially increased from 3.0km by 3.0km (9.0km2) to over 22km2
    • At Queixada North Zone, the high grade hematite area now has identified potential of over 45km2
    • This aggregate identified potential 67km2 high grade hematite blanket area ignores the remaining 886km2 ground holding within Sincorá Area including the encouraging iron formation mineralisation previously reported along the 30km geological contact of the Tombador Formation within the Coral Zone
    • Four additional new tenements covering 65km2 granted by DNPM within the Queixada North and Queixada Zones
    • A total of twelve contiguous tenements are now granted to Cabral covering an aggregate 172km2. These granted tenements cover almost the entire potential 67km2 hematite blanket area identified above
    • The Cabral exploration team is focussed on further delineating the hematite mineralisation within both Zones via a programme of research pits currently underway
    • The findings and results from these research pits will assist Cabral refine its drilling exploration plans subject to the receipt of the requisite environmental approvals.
 
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