Aquila Resources ltd.

Published : July 08th, 2008

Intersects Further High Grade Manganese at the Avontuur Projects in South Africa

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       ASX RELEASE                             8 July 2008

 

 

 

 

 

Aquila Intersects Further High Grade Manganese at the

Avontuur Projects in South Africa

 

 

 

Highlights of significant intersected manganese mineralisation include:

 

Southern Project

?         4.31m @ 38.81% Manganese

?         3.54m @ 47.52% Manganese

?         4.41m @ 49.79% Manganese

 

Northern Project

?         5.40m @ 56.82% Manganese

?         3.68m @ 50.81% Manganese

?         2.68m @ 47.42% Manganese
and 1.86m @ 46.73% Manganese

?         2.12m @ 55.24% Manganese
and 1.57m @ 59.24% Manganese

 

 

 

Carbon steel resources producer and developer, Aquila Resources Limited (ASX:AQA Aquila or the Company) is pleased to announce further promising manganese assay results from its Avontuur Projects located 75km north west of Kuruman, in the Northern Cape Province of South Africa.

 

The above assay results are from significant intercepts in the next nine holes drilled within the 74% owned Avontuur Projects, which comprise a permit area of 370sq km. The manganese discoveries were identified on two mineralised prospects some 20km apart and adjoining the northern-most farms of the main Kalahari Manganese Field (Figure 1).

 

 

Southern Project

 

Drilling on the southern project area of the Avontuur permit has discovered manganese mineralisation in the Hotazel Formation, which is interpreted to represent an extension of the Kalahari Manganese Field. The permit boundary is approximately eight km north of the Wessels underground mining operations, where ore is mined over a depth range of 300 to 500m.

 

A programme of diamond drilling is in progress across the projected trend of the mineralisation.  Following the results of the drilling announced on April 4th 2008, assays have been received from EBEX 6, 7 and 9. EBEX 8 is yet to be completed. Details of the analytical results of intercepts from these holes are contained in the following tables.

 

 

Table 1 - Drillhole EBEX 6

From 311.06 to 315.37m, an interval of 4.31m @ 38.81 weight % Mn

 

EBEX 6

22?50'48.05" E (Longitude); 27?02'02.76"S (Latitude); -90 declination

From (m)

To     (m)

Interval (m)

Mn     (%)

Fe      (%)

SiO2  (%)

Al2O3 (%)

CaO  (%)

P2O5  (%)

LOI    (%)

311.06

311.50

0.44

41.28

3.25

9.95

0.47

9.72

0.048

4.75

311.50

312.00

0.50

38.34

3.37

17.3

0.80

16.2

0.056

2.02

312.00

312.46

0.46

37.10

7.87

11.5

0.38

10.8

0.064

3.35

312.46

312.95

0.49

30.36

5.28

23.9

0.37

13.4

0.049

2.65

312.95

313.08

0.13

31.60

5.39

19.7

0.75

17.0

0.217

2.05

313.08

313.45

0.37

36.32

4.90

17.0

0.62

14.6

0.037

2.52

313.45

314.00

0.55

35.63

2.33

22.0

1.03

14.0

0.050

2.41

314.00

314.50

0.50

43.45

3.26

12.8

0.41

11.1

0.046

3.54

314.50

314.96

0.46

44.53

3.05

10.7

0.62

11.1

0.041

3.76

314.96

315.37

0.41

45.54

7.31

5.8

0.50

6.44

0.057

3.57

 

 

Table 2 - Drillhole EBEX 7

From 322.75 to 326.29m, an interval of 3.54m @ 47.52 weight % Mn

 

EBEX 7

22?50'44.43" E (Longitude); 27?02'02.76" S (Latitude); -90 declination

From   (m)

To   (m)

Interval (m)

Mn       (%)

Fe   (%)

SiO2   (%)

Al2O3 (%)

CaO   (%)

P2O5   (%)

LOI  (%)

322.75

323.00

0.25

52.43

4.72

6.31

0.24

6.92

0.052

1.87

323.00

323.44

0.44

51.73

4.27

5.25

0.24

5.94

0.064

4.74

323.44

324.00

0.56

44.76

8.71

2.13

0.26

3.20

0.062

7.26

324.00

324.50

0.50

47.16

6.78

1.74

0.10

3.30

0.066

9.03

324.50

325.00

0.50

44.45

5.07

2.83

0.37

16.00

0.053

3.56

325.00

325.50

0.50

49.41

2.82

0.95

0.18

20.70

0.049

2.30

325.50

325.96

0.46

48.56

3.41

0.86

0.02

18.80

0.057

2.21

325.96

326.29

0.33

43.68

6.64

9.75

0.48

6.96

0.082

2.24

 

 

 

 

Table 3 - Drillhole EBEX 9

From 317.13 to 321.54m, an interval of 4.41m @ 49.79 weight % Mn

 

EBEX 9

22?50'46.25" E (Longitude); 27?01'56.26" S (Latitude); -90 declination

From   (m)

To   (m)

Interval (m)

Mn       (%)

Fe   (%)

SiO2   (%)

Al2O3 (%)

CaO   (%)

P2O5   (%)

LOI  (%)

317.13

317.50

0.37

41.43

9.13

2.44

0.56

4.88

0.102

5.73

317.50

318.00

0.50

46.70

5.81

3.84

0.66

5.71

0.060

4.94

318.00

318.50

0.50

53.59

4.48

3.49

0.38

4.68

0.098

4.39

318.50

319.00

0.50

54.83

5.74

1.60

0.42

2.72

0.081

2.26

319.00

319.85

0.85

50.73

8.04

0.60

0.27

2.05

0.062

1.75

319.85

320.27

0.42

47.09

5.67

4.12

1.38

7.27

0.079

2.88

320.27

320.69

0.42

53.90

2.57

2.17

0.84

4.64

0.068

1.84

320.69

321.00

0.31

52.90

3.30

3.25

0.89

5.83

0.061

2.54

321.00

321.54

0.54

45.85

8.78

2.46

0.54

4.56

0.097

2.30

 

Northern Project

 

Drilling on the northern project area of the Avontuur permit is also testing manganese mineralisation in the Hotazel Formation along the northern end of the Avontuur Basin. The Avontuur Basin is approximately 10km long and is located 20km north of the larger Kalahari Manganese Basin. Following the promising assay results from GHEX 2 announced on April 8th 2008, further encouraging assays have been received from six diamond holes drilled along a 2km projected mineralised trend. The northern project is at an early stage of exploration assessment and further drilling is ongoing. Details of the analytical results of intercepts from these more recent drillholes are outlined in the following tables.

 

 

Table 4 - Drillhole GHEX 1

From 176.50 to 181.90m, an interval of 5.40m @ 56.82 weight % Mn

 

GHEX 1

22?48'04.16" E (Longitude); 26?47'40.92" S (Latitude); -90 declination

From (m)

To     (m)

Interval (m)

Mn     (%)

Fe      (%)

SiO (%)

Al2O3 (%)

CaO  (%)

P2O5  (%)

LOI    (%)

176.50

176.83

0.33

51.10

18.30

0.79

0.15

1.29

0.03

0.97

176.83

177.17

0.34

49.60

19.20

1.09

0.25

1.72

0.04

1.64

177.17

177.70

0.53

48.90

18.20

0.89

0.29

2.08

0.04

1.76

177.70

178.50

0.80

57.20

9.82

1.05

0.35

2.3

0.04

1.98

178.50

179.00

0.50

61.00

7.36

1.13

0.47

1.24

0.04

1.33

179.00

179.57

0.57

58.50

9.45

1.01

0.39

0.77

0.04

1.11

179.57

180.24

0.67

53.60

15.70

0.71

0.31

0.58

0.06

0.9

180.24

181.00

0.76

60.80

8.15

0.80

0.21

0.98

0.03

0.94

181.00

181.50

0.50

59.60

9.32

1.32

0.22

1.00

0.03

0.58

181.50

181.90

0.40

64.10

4.45

1.21

0.09

1.22

0.02

1.00

 

 

Table 5 - Drillhole GHEX 3

From 184.63 to 186.20m, an interval of 1.57m @ 59.24 weight % Mn

From 193.85 to 195.97m, an interval of 2.12m @ 55.24 weight % Mn

 

GHEX 3

22?48'02.13" E (Longitude); 26?47'43.35" S (Latitude); -90 declination

From (m)

To     (m)

Interval (m)

Mn     (%)

Fe      (%)

SiO2  (%)

Al2O3 (%)

CaO  (%)

P2O5  (%)

LOI    (%)

184.63

185.00

0.37

57.46

4.48

1.86

0.15

0.16

0.070

0.61

185.00

185.50

0.50

54.91

4.97

3.44

0.3

1.35

0.124

2.16

185.50

186.20

0.70

63.27

3.22

0.44

0.12

0.49

0.125

1.70

193.85

194.50

0.65

61.34

3.78

2.22

0.07

0.77

0.070

0.50

194.50

195.00

0.50

55.06

6.29

4.22

0.23

0.53

0.072

0.19

195.00

195.50

0.50

58.63

4.20

3.71

0.20

0.44

0.062

0.12

195.50

195.97

0.47

43.68

5.81

13.2

0.24

3.49

0.068

0.98

 

 

Table 6 - Drillhole GHEX 4

From 202.50 to 206.18m, an interval of 3.68m @ 50.81 weight % Mn

 

GHEX 4

22?47'59.88" E (Longitude); 26?47'45.85" S (Latitude); -90 declination

From (m)

To     (m)

Interval (m)

Mn     (%)

Fe      (%)

SiO2  (%)

Al2O3 (%)

CaO  (%)

P2O5  (%)

LOI    (%)

202.5

203.00

0.50

36.71

13.32

6.84

0.23

0.65

0.099

0.38

203.0

203.50

0.50

48.95

4.69

12.40

0.41

3.29

0.069

0.61

203.5

204.00

0.50

52.74

3.92

9.00

0.16

4.14

0.062

1.07

204.0

204.50

0.50

57.00

3.46

4.88

0.29

1.83

0.052

0.52

204.5

205.00

0.50

50.57

7.76

2.79

0.33

1.69

0.075

0.59

205.0

205.61

0.61

57.00

4.97

4.26

0.21

2.28

0.061

0.30

205.61

206.18

0.57

51.27

5.67

6.90

0.33

3.27

0.081

0.41

 

 

Table 7 - Drillhole GHEX 5

From 292.54 to 295.03m, an interval of 2.49m @ 62.51 weight % Fe

From 327.09 to 328.00m, an interval of 0.91m @ 37.42 weight % Mn

 

GHEX 5

22?47'28.29" E (Longitude); 26?48'17.55" S (Latitude); -90 declination

From (m)

To     (m)

Interval (m)

Mn

(%)

Fe

(%)

SiO2

(%)

Al2O3 (%)

CaO

(%)

P2O5 (%)

LOI

(%)

292.54

293.00

0.46

0.20

65.54

3.01

1.49

0.31

0.195

0.54

293.00

293.50

0.50

0.14

65.40

2.36

1.02

0.18

0.095

0.47

293.50

294.00

0.50

0.09

67.50

1.41

0.55

0.26

0.225

0.28

294.00

294.39

0.39

0.08

56.51

17.10

0.63

0.09

0.075

0.34

294.39

295.03

0.64

0.07

57.84

14.00

0.40

0.25

0.117

0.29

327.09

327.50

0.41

36.01

7.76

9.76

0.46

12.10

0.056

11.06

327.50

328.00

0.50

38.57

7.34

8.19

0.18

8.00

0.056

15.56

 

 

Table 8 - Drillhole GHEX 6

From 183.50 to 184.68m, an interval of 1.18m @ 36.75 weight % Mn.

From 199.00 to 199.88m, an interval of 0.88m @ 36.32 weight % Mn.

 

GHEX 6

22?48'02.70" E (Longitude); 26?47'47.93" S (Latitude); -90 declination

From  (m)

To   (m)

Interval (m)

Mn     (%)

Fe      (%)

SiO2

(%)

Al2O3 (%)

CaO  (%)

P2O5  (%)

LOI    (%)

183.50

184.00

0.50

38.80

5.11

10.9

0.52

3.00

0.056

12.49

184.00

184.68

0.68

35.24

5.14

10.1

0.28

6.43

0.060

14.83

199.00

199.50

0.50

37.25

4.09

13.1

0.30

7.12

0.059

12.37

199.50

199.88

0.38

35.08

4.72

14.4

0.52

5.06

0.061

12.38

 

 

Table 9 - Drillhole GHEX 7

From 183.16 to 185.02m, an interval of 1.86m @ 46.73 weight % Mn

From 190.50 to 193.18m, an interval of 2.68m @ 47.42 weight % Mn

From 194.00 to 195.50m, an interval of 1.50m @ 39.46 weight % Mn

From 197.91 to 198.82m, an interval of 0.91m @ 52.54 weight % Mn

 

GHEX 7

22?47'57.52" E (Longitude); 26?47'48.44" S (Latitude); -90 declination

From (m)

To     (m)

Interval (m)

Mn     (%)

Fe      (%)

SiO2  (%)

Al2O3 (%)

CaO  (%)

P2O5  (%)

LOI    (%)

183.16

183.50

0.34

38.72

7.17

13.80

0.53

3.77

0.155

1.94

183.50

184.00

0.50

49.41

5.67

8.90

0.23

3.20

0.077

0.69

184.00

184.50

0.50

54.37

5.28

3.78

0.28

3.15

0.064

1.22

184.50

185.02

0.52

42.05

10.14

7.05

0.34

2.64

0.074

1.39

190.50

191.00

0.50

41.98

10.46

5.98

0.40

3.38

0.095

1.45

191.00

191.50

0.50

54.29

4.83

4.56

0.49

2.14

0.078

1.18

191.50

192.00

0.50

56.85

3.64

8.15

0.20

2.40

0.058

0.06

192.00

192.34

0.34

55.76

3.35

4.78

0.34

4.86

0.051

2.40

192.34

192.50

0.16

46.54

3.88

3.33

0.48

11.10

0.051

7.80

192.50

193.18

0.68

35.47

7.17

5.79

0.41

10.90

0.072

9.29

193.18

193.50

0.32

7.55

18.26

12.5

0.33

13.40

0.088

6.63

193.50

194.00

0.50

1.56

23.47

13.9

0.36

12.60

0.057

1.75

194.00

194.59

0.59

38.26

3.64

5.68

0.31

16.20

0.054

11.34

194.59

195.00

0.41

38.41

3.99

8.39

0.36

14.30

0.058

10.14

195.00

195.50

0.50

41.74

4.06

7.14

0.37

13.60

0.057

8.57

197.91

198.50

0.59

54.99

3.45

6.00

0.28

4.22

0.052

2.66

198.50

198.82

0.32

48.02

4.02

8.47

0.22

6.59

0.066

5.04

 

 

The Kalahari Manganese Field represents over 50% of the world's total known land-based manganese resources. The field was opened up following the discovery of the Hotazel deposits in 1961 and the subsequent establishment of rail access. The rail head is at Blackrock, only 9km to the south of the Avontuur permit boundary. Currently, mining operations are conducted at Mamatwan and Wessels by Samancor and at Gloria and N'Chwaning by Assmang.

 

The manganese deposits occur as three laterally continuous sedimentary beds interbedded with Superior-type banded iron formation within the Hotazel Formation, a stratigraphic unit of the early Paleoproterozoic Postmasburg Group.

 

The lowermost of the three manganese units is the principal source of the ore currently being mined either as:

 

1.             Carbonate-rich Mamatwan-type ore (38% Mn), which constitutes some 95% of the total ore reserves, or

 

2.             Higher-grade Mn Oxide-rich Wessels-type ore (>44% Mn), which is found in the northern part of the field and constitutes <5% of the known reserves.

 

 

Manganese ore is used in the steel making process primarily in the form of silico-manganese and ferromanganese alloys. The world demand for manganese depends directly on the requirements of the steel industry, with the price of manganese ore having risen significantly in recent years.

 

 

 

Tony Poli

Executive Chairman

 

 

 

For further information regarding this announcement, please contact Tony Poli.

 

 

Telephone:           (08) 9423 0111

Facsimile:             (08) 9423 0133

Email address:     mail@aquilaresources.com.au

Visit us at:              www.aquilaresources.com.au

 

To view map of Avontuur Projects, located 75km North West of Kuruman, please click on link below:

http://www.purplecom.com.au/_content/documents/866.JPG

 

 

The information in this announcement, insofar as it relates to Mineral Exploration activities, is based on information compiled by Geoffrey F Pigott who is a member of the Australian Institute of Geoscientists, and who has more than five years experience in the field of activity being reported on.  Mr Pigott is a full-time employee of the Company.  Mr Pigott has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code of Reporting of Exploration Results, Mineral Resources and Ore Reserves'.  Mr Pigott consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

 

 

 ***

 

Issued by

Purple Communications

Level 3, 28 Kings Park Road, WEST PERTH WA 6005

Ph: 08 9485 1254     Fax: 08 6263 0455

purple@purplecom.com.au

 

 

 

 


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Aquila Resources ltd.

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Aquila Res. is a iron and coal development stage company based in Australia.

Aquila Res. holds various exploration projects in Australia.

Its main exploration properties are PILBARA and WILCHERRY HILL in Australia.

Aquila Res. is listed in Australia, in Canada, in Germany and in United States of America. Its market capitalisation is AU$ 1.4 billions as of today (US$ 1.3 billions, € 959.0 millions).

Its stock quote reached its lowest recent point on November 30, 2001 at AU$ 0.22, and its highest recent level on December 09, 2007 at AU$ 9.99.

Aquila Res. has 411 800 000 shares outstanding.

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CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.71-1.84%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.72-5.64%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.61+0.77%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 17.55+0.29%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.21-6.67%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.49-1.58%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 49.82-0.41%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03-8.82%Trend Power :