The project is held in joint venture between Arafura (60%) and Thor (40%) with Thor acting as manager, and each party contributing to the cost according to their equity.
A total of eleven holes were drilled at White Violet, and a further eight holes at Samarkand to complete the program with 1,386 metres drilled in total.
Highlights from White Violet include; 23m @ 0.58% WO3 from surface, including 6m at 1.7% WO3 from surface; hole 19RC035
8m @ 0.74% WO3 from 65m, including 2m at 2.48% WO3 from 69m; hole 19RC037
1m @ 0.70% WO3 from 42m and 1m at 2.32% WO3 from 50m; hole 19RC042
3m @ 1.02% WO3 from 22m, including 1m at 2.64% WO3 from 22m; hole 19RC039
Highlights from Samarkand include; 1m @ 0.79% WO3 from 12m; hole 19RC044
7m @ 0.28% WO3 from 43m, and 9m @ 1.1% Cu from 45m, plus 2m @ 2.17% WO3 and 0.78% Cu from 78m; hole 19RC046
1m @ 2.07% WO3 from 18m; hole 19RC048
An independent resource geologist has been engaged with the objective of preparing mineral resource estimates for both deposits.
'The Bonya project hosts additional tungsten and copper deposits, and these will be tested in due course, however our initial focus is likely to remain with the White Violet tungsten deposit, the Samarkand tungsten/copper deposit, and the Bonya copper deposit. It is hoped that these can extend the Molyhil project life of mine towards 10 years.'
The 19-hole program comprised 1,386 metres of drilling by Reverse Circulation (RC) method on the White Violet and Samarkand deposits. A complete list of significant drill intercepts is tabulated below along with estimated true widths of mineralisation.
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