AMN - TANZANIA: Strandline aggressively ramps up exploration

Tanzanian-focused mineral sands developer Strandline Resources has undertaken a recent equity raising and is now aggressively ramping up its exploration and development program.

Highlights:

-          Resource Extension and Feasibility Study – The drilling campaign to infill and extend existing high grade Mineral Resources at Fungoni has been completed, adding a potential 400 metres of strike to the previously defined mineralisation. The company is now preparing for a mineral resource update, bulk metallurgical test work, optimal flowsheet design and marketing studies

-          On the Tanga South project in Tajiri mineralised corridor - Resource extension drilling has started between and along strike of the high grade deposits, already defined within the 25 km long mineralised corridor

-          Tongoni and Pangani projects – Maiden drill campaigns being finalised targeting discovery of new zones of high value mineralisation at these projects

An extensive 20,000 line-km, high resolution survey is under way over much of the company’s Tanzanian land tenure, is designed to significantly assist in delineating new zones of heavy mineral sands.

Strandline managing director, Tom Eadie says: “The company is now in the middle of a very active phase of aggressive exploration and resource building. The current program involves drilling programs across four high priority targets in Tanzania over the next three months, aimed at extending known resources as well as new discoveries.

“The Fungoni feasibility study is progressing well, with drilling and re-logging identifying potential resource extensions that may extend the potential mine life and therefore economic returns.”

Approximately 140 holes totalling 1700 metres of infill and extensional aircore (AC) drilling were completed at Fungoni. The holes were designed to infill existing resource drilling completed by Jacana Resources in 2012 reducing the drill pattern from 100 x 200 metres to 50 x 100 metres. The samples generated from this program will also provide additional material for mineral assemblage characterisation and geological domain definition prior to updating the resource model.

The updated mineral resource model will be used to select a 7 to 10 tonne composite sample for metallurgical test work, essential to develop the optimum mining method, processing flow sheet, and product suites. Importantly, this will provide high value product samples for marketing in the short term.

In addition, re-logging of previous drill samples stored from the 2012 drill program has yielded some extensional heavy mineral targets to the north and south along strike of the Fungoni Mineral Resource. Field logging of the drill samples shows that shallow surface mineralisation extends a further 400 metres from the existing resource boundaries.

The samples are currently being processed in Tanzania prior to export to Australia for heavy mineral analysis. As part of its development commitment, the company lodged a preliminary Environmental Impact Assessment (EIA) Report for the Fungoni project with the Tanzanian environmental regulatory authorities in late July 2016. A field visit by the Tanzanian Government’s technical review panel will be carried out in early September. Feedback from this meeting will allow the report to be finalised efficiently.

www.strandline.com.au

News courtesy of International Mining