That's the ADN Ann 12/02/2019 https://hotcopper.com.au/threads/ann-poochera-halloysite-kaolin-mineral-resource.4633405/ That's the Jorc , so it is after all drilling/assaying etc.
Summary
A JORC 2012 Mineral Resource estimate has been completed calculating
the halloysite content within the Careys’ Well kaolin deposit at
Poochera in South Australia.
9.7 million tonnes of halloysite kaolin, located in two zones, is contained
within the “bright white” kaolinised granite deposit.
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.
92% of the halloysite kaolin Mineral Resource is categorised as
Measured and Indicated providing significant ore for consideration in
Scoping Study investigations.
The halloysite kaolin Mineral Resource was defined from existing
drilling results with the mineralised zone remaining open to the north
east and south.
Future drilling will be designed to target extensions to the currently
defined mineralisation.
The updated Mineral Resource will now be used in mine design
configurations currently under consideration.
A 140 tonne shipment of raw ore from Carey’s Well is now in China
ahead of commercial scale testing post Chinese New Year. Final
processed product results will be provided to potential end‐use ceramic
customers for commercial evaluation and incorporated into the Scoping
Study.
now this is from LRS Ann 22/01/2020. https://hotcopper.com.au/threads/ann-positive-results-returned-for-noombenberry-project.5185000/
Multi-site surface sampling (not a drilling campaign) done by UK based First Test Minerals, specialists in kaolin for 30 years. They are one of the companies used by ADN for testing. Plans for the company to pursue an
aggressive drilling programme to test the deeper zones of the surface profile (0-30m) to test for
commercial qualities of kalonitic/halloysite material.
HIGHLIGHTS
• Identification of Halloysite located in multi-site surface sampling
• Testing conducted by UK based First Test Minerals, specialists in kaolin for 30 years
• Good halloysite occurrence at multiple sample sites – forming as ‘plates’ and ‘tubes’
• Halloysite at up to 15% by weight at sample site #4 noted (45 – 180um)
• Native title period currently in advertising period, grant expected in 1st quarter
• Historical drilling located in project area, data to be reviewed and assessed for future
drilling program
Location Sample 4 shows potential as Yield at <45 microns has been calculated 76% Kaolinite, 15% Halloysite
and 11.3% K-feldspar. The 45-180 micron fraction was 14.88 % with 38.9% Kaolinite, 15% Halloysite 15% and
31.8% K-feldspar. Overall <180 micron Yield was 42.6%. Iron level was 2.76% reflecting the brightness of 72.3
with bleaching to no increase on bleaching
LRS's samples collected were 0-3m from surface. the plans are for drilling up to 30m.
ADN is currently sitting on an MC of $153 mil sp 9.4c.
They are well advanced so I'm not suggesting we are anywhere near their project in quality ,size, resource, timeline etc but if we can go down their path , then the potential is huge and this is only one of four projects. The drill permits application has already been submitted, so we are waiting for approvals any day now.
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