Baobab Resources continues to delineate substantial magnetite mineralization at its Tete iron/vanadium/titanium project in Mozambique.
Drilling is continuing on the South Zone where analytical results have been returned from a three hole RC drilling cross section in Block 1, the southern-most portion of the prospect. A broad, 140 metre-wide, body of heavily mineralized magnetite is being delineated.
One hole returned two significant intercepts, totalling 59 metres, including 25 metres @ 64.0% iron, 0.65% vanadium pentoxide and 32.3% mass recovery from 32 metres.
Another returned three significant intercepts, totalling 38m, including 20 metres @ 65.2% iron, 0.65% vanadium pentoxide and 28.6% mass recovery from surface, and
16 metres @ 64.7% iron, 0.71% vanadium pentoxide and 31.2% mass recovery from 65 metres.
The third returned five significant intercepts, totalling 76 metres, including 15 metres @ 60.1% iron, 0.74% vanadium pentoxide and 29.7% mass recovery from 48 metres, and 48 metres @ 60.0% iron, 0.59% vanadium pentoxide and 47.1% mass recovery from 91 metres.
Results from the next Block 1 section are expected to become available shortly. Current drilling continues to delineate substantial mineralization to the north.
Baobab's managing director Ben James says: “Block 1 is demonstrating excellent continuity between completed drill sections with current work programs pushing the model out to the north.
“All areas drilled to date have delineated substantially wider zones of mineralization than anticipated. Following earlier positive results, Baobab's exploration management team has designed an expansion drilling program to test continuations of the ore zones.”
Due to the significant widths and interpreted lateral continuity of mineralization at the South Zone, the prospect has been prioritised for step-out RC drilling. The program is systematically assessing a sequence of seven mineralised zones (Blocks 1 to 7) over a strike length of some 2km, drilling on traverses spaced 100 metres apart.
A total of 50 RC drill holes have been planned for a combined meterage of 7000 metres. Drilling started in August and to date 33 holes have been completed for an aggregate total of about 4500 metres. All areas drilled to date have delineated substantially wider zones of mineralisation than anticipated. Baobab's exploration management team has designed an expansion drilling program, representing an additional 4000 metres to test the down dip and along strike continuations of the ore zones.
The Tete Project, covering an area of 632sqkm, is immediately north of the provincial capital of Tete and shares licence boundaries with Vale and Riversdale's mega coal projects. The project is strategically located to access abundant, low tariff hydro-electric power from existing and developing schemes on the Zambezi River. The ports of Beira and Nacala are being refurbished, as are the rail corridors through to Tete.