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- After an analysis of historical drill holes, Andromeda Metals (ADN) has defined a broad zone of high-grade halloysite just one kilometre from its Condooringie Prospect
- Additionally, drilling conducted at Condooringie in December has significantly extended the known range of kaolin
- Halloysite and kaolin are minerals which can be used in a range of industrial applications and in the battery industry
- The company will use these findings to determine the extent and purity of the halloysite at Condooringie
- Furthermore, aircore drilling at the Carey’s Well deposit has identified new kaolin
- These results will be included in the Poochera Project feasibility study
- Andromeda Metals is down 6.45 per cent and shares are trading for 2.9 cents each
Andromeda Metals (ADN) has analysed historical drill holes which have defined a broad zone of high-grade halloysite one kilometre from its Condooringie Prospect.
The drilling of these holes was conducted by Minotaur Exploration in 2011 at the Poochera Halloysite-Kaolin Project. This project sits just one kilometre from Andromeda’s Condooringie Prospect and only five kilometres to the north of Carey’s Well.
Additionally, drilling conducted at Condooringie in December has significantly extended the known range of kaolin. This aircore drilling included 34 holes for a total of 1451 metres and two diamond holes for 99 metres.
The extent of the kaolin remains open on all sides and is likely to link with a newly defined Bright White halloysite-kaolin zone to the north.
“Bright White” refers to material with an ISO Brightness (R457). This is an internationally accepted spectral criteria for determinations of brightness.
Drilling at Condooringie was conducted to determine the size, extent and purity of the halloysite-kaolin material at the project.
Previous analysis undertaken by CSIRO confirmed Condooringie was prospective for high-purity halloysite.
At Carey’s Well, a further drilling program including seven diamond holes for 215 metres and 71 aircore holes for 1813 metres, has also been completed.
This was aimed at assisting with mine design planning and scheduling for the feasibility study.
Just north of the planned Carey’s Well main pit, the drilling intercepted a new zone of prospective Bright White kaolin. However, Andromeda doesn’t expect final assays for up to three months.
The current JORC 2012 Mineral Resource estimate at Carey’s Well stands at 10.6 million tonnes of halloysite-kaolin contained within a broader 26.0 million tonnes of Bright White kaolinised granite.
The 10.6 million tonnes halloysite-kaolin Mineral Resource comprises 8.7 million tonnes Measured, 1.5 million tonnes Indicated and 0.4 million tonnes Inferred categories.
Currently at the Poochera Project, the main focus is on the Eyre Peninsula which comprises four tenements and is located 635 kilometres west from Adelaide and 130 kilometres southeast from Ceduna.
In addition to the Carey’s Well deposit, high quality halloysite-kaolin occurs extensively across the project area which makes this region globally significant.
Extensive test work has been completed at Carey’s Well, including a scoping study, resource drilling, bulk sampling, pilot test trials and marketing. Andromeda is working towards a Mining Lease application as part of feasibility evaluations.
Andromeda Metals is down 6.45 per cent and shares are trading for 2.9 cents each at 1:53 pm AEDT.
