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Commencement of Resource Drilling

Commencement of Resource Drilling.

articleAndrada Mining LimitedNovember 6, 20184/company/afritin-mining-ltd/news/commencement-of-resource-drilling
Commencement of Resource Drilling

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[{"type":"text","content":"\n \nRNS Number : 4042G AfriTin Mining Ltd 06 November 2018  \n\n06 November 2018\nAfriTin Mining Limited\n(\"AfriTin\" or the \"Company\")\nUis Exploration Update\n Commencement of Resource Drilling\nAfriTin Mining Limited (AIM: ATM) (\"AfriTin or the Company\"), a mining company with a portfolio of near production tin assets in Namibia and South Africa, with its flagship asset, the Uis Tin Mine (\"Uis\") in Namibia, is pleased to provide an update on its operations. \nHighlights\n▪     Phase One validation and exploration drilling at Uis has commenced; \n▪     Work continues to upgrade and validate historical Iscor data at Uis to support the declaration of a Mineral Resource estimate, reported in accordance with the JORC Code 2012;\n▪     Analysis, digitisation and interpretation of historic data is now complete;\n▪     The construction of a geological model, based on historical data, has been completed and has been used to inform the Phase One drill programme.; and,\nField mapping and geological evaluation of the ML133 and ML129 licences has been initiated.\n \nAnthony Viljoen, CEO of AfriTin Mining Limited commented: \n\"The commencement of the validation drilling programme is another important step in the development of the Uis Tin project. The Company has always been focused on upgrading the historic resource that was identified at Uis to modern JORC standards as this is a key element of AfriTin's current mine plan and the Bankable Feasibility study for Phase Two.\"\n \n\"The historical database that Iscor originally created for Uis was extensive and provided a high level of detail for the Company. We will now look to use this data to allow for an expedited validation drilling and exploration programme, as well as increasing the confidence of the mineralisation hosted by the V1 and V2 pegmatites.\" \n \nAfriTin has analysed a significant portion of the exploration and mine data that was produced for Uis during its main mining production period between 1959 and 1991. For most of this period, Uis was the largest hard rock open cast tin mine in the World. Included in this data set are numerous maps and a significant amount of the exploration drilling data used in the historic SRK (1989) Mineral Resource estimate(...

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