🕐07.05.09 - 08:13 Uhr
Mantra ASX Announcement: Infill Drilling Commences on Mkuju River Project
Dear all,
Please find below a summary of an announcement made to the ASX recently
regarding the commencement of infill and extension drilling at the Mkuju
River Project.
Mantra Resources Limited (Mantra or the Company) is pleased to
announce that two drill rigs are on site and have commenced drilling an
infill and extension program at the wholly owned Nyota Prospect (or
Prospect) in southern Tanzania.
A significant trenching program will
also be completed concurrently with the drilling.
The drill program will comprise diamond core, open hole and RC/Aircore
drilling and is being completed with the following objectives:
* To substantially increase the overall resource base of the Nyota
Prospect;
* To upgrade the resource classification of portions of the current
Inferred MRE of 35.9 million pounds U3O8 to the Indicated and Measured
categories;
* To allow further assessment of the high grade surface
mineralisation for its inclusion in future MREs;
* Deliver diamond core for the pilot plant metallurgical testwork,
scheduled to commence in October;
* Provide additional geological, geotechnical and hydrogeological
information; and
* Complete sterilisation drilling over potential waste dump, plant,
tailings and haul road sites.
A copy of the full announcement is attached.
It can also be viewed by
clicking on the following link:
http://www.mantraresources.com.au/upload/documents/releases/asx/20090505
_090505InfillDrillProgramCommencesonMRPfinalwithCPStatement.pdf
Please dont hesitate to contact Robert Behets or Matthew Yates if you
have any questions.
Regards
Robert Behets
Joint Managing Director
A: Level 9, The BGC Centre, 28 The Esplanade, PERTH WA 6000
T: 618 9322 6322 F: 618 9322 6558
E:
W: www.mantraresources.com.au
Matthew Yates
Joint Managing Director
A: Level 9, The BGC Centre, 28 The Esplanade, PERTH WA 6000
T: 618 9322 6322 F: 618 9322 6558
E:
W: www.mantraresources.com.au
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