Encouraging results for Ord River Resources
Ord River Resources has received very encouraging results for 1,072 resource drilling samples taken in 66 drill holes drilled in the last field season on the Bolaven Plateau.Bauxite intersections had median values for thickness of 4.5m with 29.86% available Al2O3 (alumina) and 1.50% reactive SiO2 (silica).The values of available Al2O3 and reactive SiO2 are considered to be favourable and coupled with the thicknesses now found, can be favourably compared with the quality of the bauxite in the Darling Ranges of Western Australia that supports a series of mines and alumina refineries. The bauxite found ranged from a minimum of 0.5 metre up to a maximum of 12.5m in thickness.The new data forms part of the high quality data set that will be used to estimate JORC compliant resource following receipt of the LIDAR data that is currently being generated.The current drill hole results are for close spaced holes that form part of the resource drill out phase of exploration work on the LSI 138sqkm tenement. Drill holes were spaced at approximately 200m by 100m with variations dependent on local topography.
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