Premier to Produce from Zim tungsten Mine
- Category: Tungsten’s News
- Published on Thursday, 21 February 2013 15:49
Commodity natural resources company Premier African Minerals yesterday said a recent exploration update from its flagship RHA tungsten project, in Zimbabwe, indicated the potential for development of a low-capital and low-operating-cost mine in the near term.
A five-hole diamond drilling programme undertaken on site confirmed significant tungsten oxide values.
“This update has revealed significant tungsten mineralisation in the form of very coarse wolframite crystals hosted by quartz veins identified from drillhole intersections and highlights the exceptional prospectivity of our RHA tungsten project,” Premier chief executive officer George Roach said in a statement.
Drilling had also potentially uncovered three previously unknown, well-mineralised quartz veins in the existing lode system. Further low-cost surface trenching and sampling would be undertaken in the first quarter of the year to confirm the surface location and extent of the hanging wall lodes, with a South African Mineral Codes-compliant resource on target for completion within the first half of the year.
“In tandem with this, we are also completing a conceptual mine study, which will determine the most beneficial and cost-effective method of exploiting the known extent of the RHA deposit,” Roach added.
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