Business
Sudan Project Update - Jebel Abyad ASTER Study
Sudan Project Update - Jebel Abyad ASTER Study.
About this update from Corcel Plc
[{"type":"text","content":"\n \nRNS Number : 0068Q Regency Mines PLC 26 August 2014 \n \n\nREGENCY MINES PLC\n \n(\"Regency\" or the \"Company\")\nSudan Project Update - Jebel Abyad ASTER Study\n \n26th August 2014\nRegency Mines Plc (\"Regency\" or the \"Company\"), the natural resources exploration and investment company with interests in oil in the United Kingdom, and nickel and other minerals in Australia, Papua New Guinea and Sudan, is pleased to announce the preliminary results of a phosphate-oriented ASTER (Advanced Spaceborne Thermal Emission and Reflection Radiometer) targeting study across the Jebel Abyad concession in Sudan, a project where Regency has farm-in rights under an option agreement with International Mineral Resources (Agrominerals Sudan) Ltd (\"IMRAS\").\nHighlights\n \n· 8 high priority targets identified - areas of anomalous phosphorous potential\n· Multiple secondary targets identified\n· Petrological study of a sample collected during 2013 field trip identified phosphorous assemblages commonly found in phosphate deposits\n· ASTER analysis provides an efficient and cost effective approach to targeting of potential anomalies across a wide area\n· Plans for the next field programme to Jebel Abyad currently under review \n \nRegency carried out an ASTER study across its 26,064 sq km Jebel Abyad concession (Figure 1) to define target areas of potential phosphate anomalies for follow up ground work. \n \nFIGURE 1: SUDAN LOCATION MAP\n \nhttp://www.rns-pdf.londonstockexchange.com/rns/0068Q_-2014-8-26.pdf\n \nRegency is pleased to announce that as a result of the study, 8 high priority exploration targets have been identified, with multiple secondary targets also highlighted. The next stages of exploration planning will focus on ground verification of those targets (Figure 2).\n \nFIGURE 2: ASTER HIGH PRIORITY TARGET AREAS\n \nhttp://www.rns-pdf.londonstockexchange.com/rns/0068Q_1-2014-8-26.pdf\n \nASTER is a satellite sensor launched in 1999 that continuously captures electromagnetic data from the earth's surface globally. ASTER data is collected in 14 different bands of the electromagnetic spectrum. By analysing those bands in various ways (colour composit...