Bauxite Resources Ltd provides an update on bauxite exploration activities in Western Australia

An exploration drilling campaign has been completed on the Company's Fortuna prospect, located on private farmland near the regional town of Wundowie, Western Australia, with the aim of identifying additional bauxite resources. This work was carried out on exploration tenement E70/2230 to which BRL retains 100% bauxite rights. The project area lies adjacent to the 73.3Mt Felicitas bauxite resource to which BRL retains 30% beneficial interest. The drilling area has excellent road access to Perth, existing heavy rail approximately 15km to the north and Kwinana Port approximately 120km from the project area.
The exploration program comprised 302 vertical holes drilled for 2,857 meters across an area of approximately 385Ha at a nominal 160m x 80m drill pattern. A preliminary review of the data shows that significant bauxite grades and thicknesses are present, with approximately 65% of the holes containing available alumina grades of greater than or equal to 25%, with at least 2m thickness, reactive silica less than 5%, and maximum strip ratio of 1:1. Bauxite thicknesses of up to 13.5m (average 5.2m) were intersected.
Preliminary examination of the FTIR analysis received to date indicates: Available alumina in the range of 25 - 53% (arithmetic average 31.7%), Total alumina within bauxite of up to 59%, Reactive silica ranges 0.1 - 4.6% and ~ 10% of above samples have been checked by low temperature (143o) digest
The mineralized zones have limited overburden which increases potential for lower mining excavation costs. Fortuna represents the southern extension of the Felicitas resource, and remains open to the east and south. Further drilling is planned to commence in the June quarter.
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