27 significant primary intercepts were observed with an average thickness of manganese mineralisation of 18.6m.
Commenting on the results, Pure Minerals’ CEO, Sean Keenan, said: “The drilling at Julia and Pools prospects points to the potential for a large tonnage, low strip-ratio resource that, if beneficiation testwork proves to be successful, could yield a district-scale manganese project. The project so far exhibits some very favourable attributes for the development of a mining operation, namely higher-grade mineralisation near surface, allowing for lower capital expenditure and early cash flow generation, and a potentially large lower-grade resource for long-term sustainable production.”
PM1 Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
