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Elemental Minerals Ltd. - Phase Two Drilling Intercepts High Grade Sylvinite Mineralisation Extent of Kola Potash Mineralisation Continues to Grow
PERTH, Australia, Feb. 6, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) ("Eleme...
About this update from Element Lifestyle Retirement Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\n\nPERTH, Australia, Feb. 6, 2012 /CNW/ - Elemental Minerals Ltd. (ASX, TSX: ELM) (\"Elemental\" or \"the Company\") continues to intercept\n potash mineralisation and is pleased to announce the receipt of\n additional high-grade assay results from the Kola Potash Deposit\n Pre-Feasibility Phase 2 drilling programme within its Sintoukola Potash\n Project in the Republic of Congo. (Figure 1)\n\n\nHIGHLIGHTS:\n\n\nWidest sylvinite zone yet intersected in the deposit area demonstrating\n potential for increased tonnage yields from the Upper Seam\n\n\nDrill-holes EK_17, EK_18, and EK_19 have returned significant high-grade\n results underpinning Phase 1 resources results and signalling the\n extension of the shallow mineralization footprint of the Kola deposit\n\n\nShallow sylvinite intersections include:\n\n\nEK_18: 3.86m at 16.14% K2O (25.57% KCl) from 286.59m and 9.56m at 20.69% K2O (32.78% KCl) from 290.70m; and\n\n\nEK_19: 4.54m at 21.58% K2O (34.18% KCl) from 278.22m and 2.39m at 20.95% K2O (33.19% KCl) from 291.10m.\n\n\nPotash mineralisation has been further extended to both the west and\n east and still remains open laterally in most directions.\n\n\nAt the time of reporting, the Company had completed 11 core holes (EK_17\n to EK_27) of Phase 2 for an interim total of 3,535m (Figure 2).\n Laboratory assay results for core samples have been received for 3\n drill holes (EK_17 to 19). The assay sequence for EK_17 is incomplete\n at present as several core intervals through the mineralisation were\n selected for geotechnical testing. A complete sample and assay record\n will be reported when the data becomes available.\n\n\nDrill hole EK_17 was drilled 370m northeast of Phase 1 drill hole EK_15 within an area\n of Inferred Mineral Resources and to a depth of 337.60m. The drill hole\n targeted an area of interpreted structural complexity that was treated\n as a loss zone within the original Resource Estimate, but intersected\n gently dipping strata and a typical mineralisation zonation including\n the presence of both the upper and lower seams.\n\n\nDrill hole EK_18 was collared on the north western side of the Kola deposit\n approximately one kilometre west-southwest of Phase 1 drill hole EK_12\n with the objective to test continuity of the mineralisation in a\n westerly direction (Figure 2). The drill hole inte...