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Giyani Metals Files NI 43-101 Technical Report For Its K.Hill Manganese Maiden Mineral Resource Estimate
OAKVILLE, Ontario, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:WDG, GR: A2DUU8) (“Giyani” or the “Company”) is pleased to announce the filing of
About this update from Giyani Metals Corp
[{"type":"text","content":" OAKVILLE, Ontario, Nov. 12, 2018 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:WDG, GR: A2DUU8) (“Giyani” or the “Company”) is pleased to announce the filing of a National Instrument 43-101 technical report titled “Mineral Resource Estimate for the K.Hill Manganese Project, Botswana”. The mineral resource estimate, prepared by the South Africa based MSA Group, was announced on September 28, 2018 and it demonstrated an inferred resource of 1.1 million tonnes grading 31.2% manganese oxide (MnO) at a cut-off grade of 18% MnO. Giyani began exploration on its 8,135 square kilometer property in May, 2017 with a mapping and sampling program which resulted in identifying the K.Hill area as a priority prospect. Since then, the Company has undertaken mineralogical and hydrometallurgical testing and carried out an exploration and resource drilling campaign in which 1,832 m was drilled. Drilling was focused on K.Hill where a total of 1,109.03 m was drilled, with 368 core samples assayed together with 57 quality control (QC) samples. Robin Birchall, CEO of Giyani Metals Corp. commented: \"We are encouraged by the results of mineral resource estimate. The initial size of this inferred resource allows us to proceed with a preliminary economic assessment (PEA) to establish the base economics of this project. More importantly, the nature of the manganese mineralization at K.Hill appears to be amenable to the hydrometallurgical process that could produce electrolytic manganese metal (EMM). This bodes well with the Company’s strategy to become an independent, vertically integrated, supplier of manganese metal to the battery electric vehicle market.” Mineral Resource summary The manganese mineralization at K.Hill occurs primarily as a supergene enriched manganiferous shale (the Mn-Shale) occurring in the upper portion of a shale horizon within the Black Reef Quartzite Formation of the Transvaal Supergroup. The K.Hill deposit is more or less kidney shaped, with a northern and a southern portion. The manganese shale outcrops along the northerly scarp slope of the Kgwakgwe Hill and dips into the hill. The northerly portion is elongated northwest over an area of approximately 400 m by 300 m and the average thickness of the targeted mineralization (the high-grade portion of the Mn-Shale) in this area is 3.5 m. The southerly area of mineralization is el...