AQA 0.00% $3.37 aquila resources limited

massive manganese discovery

  1. 272 Posts.
    Aquila Discovers High Grade Manganese on Two Project
    Areas in South Africa

    Highlights of intersected manganese mineralisation include:

    6.69m at 46.13% Manganese
    6.09m at 48.60% Manganese
    3.70m at 40.81% Manganese

    Carbon steel resources producer and developer, Aquila Resources Limited (ASX:AQA
    Aquila or the Company) is pleased to announce promising manganese assay results from
    its Avontuur Projects located 75km north west of Kuruman, in the Northern Cape Province
    of South Africa.
    The results are from the first three holes assayed from the 74% owned Avontuur Projects,
    which comprise a permit area of 370sq km. The manganese discoveries were identified
    on two mineralised prospects some 20km apart and adjoining the northern-most farms of
    the main Kalahari Manganese Field.
    The permit was taken up initially for iron ore, but modelling of aeromagnetic data and
    assessment of previous exploration identified two targets for manganese mineralisation.
    Southern Project
    Drilling on the southern part of the permit has discovered manganese mineralization in the
    Hotazel Formation, which could represent an extension of the Kalahari Manganese Field.
    The permit boundary is only eight km north of the Wessels underground mining
    operations, where ore is mined over a depth range of 300 to 500m.
 
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