From resourcestar.com.au
The Specimen Reef Project consists of EL11/2005 situated in north-eastern Tasmania about 5km north-northeast of the Savage River Magnetite Mine.
The tenement is subject to an agreement with Walkabout Resources Pty Ltd, who are planning an IPO based on a project in the area including EL11/2005. Walkabout will earn a 65% interest in the tenement by free carrying the first $10 million in expenditure, and RSL will retain 35%.
The lease contains historic drilling reported to contain alteration zones and veining associated with the old Specimen Reef workings, and an intersection of 0.2m @ 910g/t Au in a quartz-carbonate-brannerite vein. Brannerite is a uranium mineral, but no uranium assays were performed.
Walkabout believe that there is potential for IOCG-style copper-gold-uranium mineralisation in the area.
- Forums
- ASX - By Stock
- specimen reef project tasmania
From resourcestar.com.auThe Specimen Reef Project consists of...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRT (ASX) to my watchlist
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.10M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
SRT (ASX) Chart |
Day chart unavailable