RNS great news TBS21 Mar 2019 09:37
Highlights:
· Assay results confirm a weighted average Total Heavy Mineral ("THM") content of 45.4%
· All samples taken were ilmenite-bearing, confirming a combined mineralised strike length of approximately 10 km
Alba's Executive Chairman, George Frangeskides, commented:
"These testwork results from TBS, conducted in respect of mainly drill samples taken over the full length of our 10km of mineralised coastline, are very much in line with and reinforce the excellent THM grades achieved in our 2017 testwork."
"These results, achieved in our first full field season at TBS, give us great confidence as we move forward with our plans this year. Further testwork and independent resource estimation work are being undertaken, and we will announce the results of those further analyses as and when they become available."
Heavy Liquid Separation Sample Results
The samples taken from the drilling programme completed in the 2018 field season were dispatched to an independent, accredited laboratory in Canada.
Screening of oversize (+2mm) and clays (<53µm) was undertaken followed by heavy liquid separation of the sand fraction using a heavy liquid with a specific gravity of 2.93g/cm3.
Table 1 (included in the appendix to this release) shows the results of the screening and heavy liquid separation. Table 2 (included in the appendix to this release) shows that the weighted average grades from