03 SEPTEMBER 2011Global InfoMine
Bauxite Hills drilling program update
Edited by : AL CIRCLE
2 min read
Initial results from Cape Alumina Limited’s (ASX code: CBX) drilling program at the Bauxite Hills project area have boosted the company’s confidence in the project’s long-term prospects.
The Bauxite Hills project area is 95 kilometres north of Weipa on Queensland’s Cape York Peninsula and five kilometres south-east of the port at Skardon River (see Figure 1 below).
The drill program at bauxite plateaux BH1 and BH6 has been completed and will now move to plateaux BH4, BH3, BH5 and BH2. The Exploration Target is 50 to 100 Million tonnes* of export-grade bauxite.
To date, 842 holes have been drilled for a total depth of 2,476.5 metres. The drillhole data shows the average thickness of the pisolitic bauxite-rich unit at BH1 is 2.6 metres, with a maximum thickness of up to 6.25 metres. At BH6 the average thickness of the pisolitic bauxite-rich unit is 1.9 metres.
The Bauxite Hills concept study, which was undertaken by leading engineering firm SNC Lavalin and is based on production of 100 million tonnes* of dry, export-grade bauxite product, shows that, subject to confirmation of resources, a 15-year export operation would viably be sustained. Cape Alumina’s Managing Director Graeme Sherlock said the results were positive and in line with the company’s expectations.
To date, 842 holes have been drilled for a total depth of 2,476.5 metres. The drillhole data shows the average thickness of the pisolitic bauxite-rich unit at BH1 is 2.6 metres, with a maximum thickness of up to 6.25 metres. At BH6 the average thickness of the pisolitic bauxite-rich unit is 1.9 metres.
The Bauxite Hills concept study, which was undertaken by leading engineering firm SNC Lavalin and is based on production of 100 million tonnes* of dry, export-grade bauxite product, shows that, subject to confirmation of resources, a 15-year export operation would viably be sustained. Cape Alumina’s Managing Director Graeme Sherlock said the results were positive and in line with the company’s expectations.
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