MLS 7.69% 2.8¢ metals australia ltd

Ann: Lac Rainy Phase 1 - High-grade assay results, page-157

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  1. 3,926 Posts.
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    Timm,
    The drilling info is here:

    Cheers.

    Last report:


    Discussion of Results

    Channel samples collected by Metals Australia at the Lac Rainy Graphite Project have confirmed the presence of multiple wide and high-grade zones of natural flake graphite mineralisation which start at surface.

    The strike length of the mineralisation has been extended considerably. The recent Phase I campaign has outlined an extensive mineralized zone of over 3km in length. Within this there is a high priority zone with a strike length of approximately 1,800 m encompassing the high-grade Lac Carheil Prospect, with multiple high-grade intervals ranging from 7.48% Cg to 29.5% Cg.

    The results from the channel sampling at Lac Rainy represent the first step in the Company defining a resource at the Project.

    With the completion of this phase of exploration, planning for a maiden diamond drilling campaign is underway.

    The drilling will commence during winter following the analysis and interpretation of all the assay results from this current program.
    Last edited by Petertkd: 09/12/18
 
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