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Ann: Poochera Halloysite Kaolin Mineral Resource, page-7

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Youngie75

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12/02/19

09:53

Post #: 37406741
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Originally posted by DeltaVee: ↑

Well that's some serious information to digest this early in the morning.............

"The 9.7 million tonnes of halloysite kaolinised granite will yield 5.3 million tonnes of minus 45 micron halloysite kaolin product containing 18.4% halloysite, which is significantly above the typical 10% threshold required for the ceramics industry"

"Preliminary test work on alumina content and the ability to produce HPA previously carried out with Bureau Veritas, UniSA and the University of Newcastle showed that the [Poochera] product would be suitable for HPA generation with the added bonus that it gives a significantly higher alumina mass yield than comparable Australian kaolin deposits"........

Project is progressing along very well I think.........confidence in the data is my 'read'.........variance when re-checking assay results was negligible etc resource is now 'defined better'............with good potential for significant extensions should they choose to define an even larger amount.

"92% of the halloysite kaolin Mineral Resource is categorised as Measured and Indicated providing significant ore for consideration in Scoping Study investigations"........

Full steam ahead it would appear.

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Hi Delta Vee, and others, just wondering what you think of Rabsie's comment re the 23.9mt becoming 9.7mt? Seems a significant change in resource.

ADN Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
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Last 0.8¢		Change -0.001(5.88%)		Mkt cap ! $27.14M

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Ann: Poochera Halloysite Kaolin Mineral Resource, page-7

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Ann: Poochera Halloysite Kaolin Mineral Resource, page-7

Top Stories

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ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

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Defence MOU for propulsion systems pushes Aurora Lab shares higher

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