Resource exploration and development company Viridis Mining & Minerals (ASX:VMM) reports it has returned thick intercepts of ‘high-grade’ kaolinite following a maiden aircore (AC) drilling campaign at its 100% owned Poochera Project in South Australia’s Eyre Peninsula.
The results, generated by a total of 55 AC drillholes, confirms the presence of thick, ‘high-grade’ zones of kaolin at the newly discovered Philips Kaolin deposit, with sampling returning over 38m of mostly 90% kaolinite.
Thirteen selected intervals from 3 dispersed drillholes were examined and the average for the minus 45 micron fraction was 92% kaolinite and a brightness of 89 (L*D65). The minus 45 micron fraction averaged 45% of the raw material.
However, drillhole VM22-008 demonstrated the best average values with 95% kaolinite within the 55% minus 45 micron fraction, generated from three 1m and one 2m samples over a total of 14m.
Commenting on the results, Viridis Mining & Minerals Executive Chairman, Agha Shahzad Pervez says: “We are extremely pleased to report the discovery of ‘high-grade’ kaolinite from the maiden drill program at the Poochera Project, which aligns with the company’s strategy to define high value mineral products for large-scale applications.”
“We are extremely pleased to report the discovery of ‘high-grade’ kaolinite from the maiden drill program at the Poochera Project…”
The company also notes that this discovery marks the first confirmation of kaolinite mineralisation within the newly discovered Philips Kaolin deposit, which is situated north from the township of Karcultaby within the central part of the Poochera project tenement.
Viridis Mining & Minerals is an ASX-listed resource exploration and development company that currently has assets in Australia and Canada. The company’s Poochera project is located in South Australia’s Eastern Eucla Basin and comprises 1 exploration licence that covers a total land area of 329km-square.
The project is considered prospective for halloysite-kaolin mineralisation and is situated in proximity to the Great White deposit, which is currently owned by fast-growing South Australian company Andromeda Metals and boasts a resource of 34.6Mt at 40.9% kaolinite and 5.3% halloysite.
With the initial results from the AC drilling campaign now received, Viridis Mining & Minerals announces that planning for stage two drilling at the Poochera project is still ongoing, however drilling is expected to commence in early 2023.
Images: Viridis Mining & Minerals Ltd
