{"id":86911,"date":"2019-04-02T16:09:04","date_gmt":"2019-04-02T23:09:04","guid":{"rendered":"http:\/\/www.lankaweb.com\/news\/items\/?p=86911"},"modified":"2019-04-02T16:09:04","modified_gmt":"2019-04-02T23:09:04","slug":"titanium-sands-preparing-resource-update-at-sri-lankan-mineral-sands-project","status":"publish","type":"post","link":"https:\/\/www.lankaweb.com\/news\/items\/2019\/04\/02\/titanium-sands-preparing-resource-update-at-sri-lankan-mineral-sands-project\/","title":{"rendered":"Titanium Sands preparing resource update at Sri Lankan mineral sands project"},"content":{"rendered":"<h2><span style=\"color: #0000ff;\"><em>Courtesy Proactive Investors Australia<\/em><\/span><\/h2>\n\n\n<p>\n\nResults and details of analyses will be released in June 2019.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/static1.proactiveinvestors.com.au\/thumbs\/upload\/News\/Image\/2019_04\/757z468_1554176012_Base-Resources---mineral-sands---hands.jpg\" alt=\"Titanium Sands preparing resource update at Sri Lankan mineral sands project\"\/><\/figure>\n\n\n\n<p>The Mannar deposit is on a sand island in the dry northwest of Sri Lanka<\/p>\n\n\n\n<p>Titanium Sands Ltd (<a href=\"https:\/\/www.proactiveinvestors.com.au\/ASX:TSL\/Titanium-Sands-Ltd\/\">ASX:TSL<\/a>) is preparing to&nbsp;upgrade resources at the&nbsp;Mannar Island Heavy Mineral Sands Project in&nbsp;northwest Sri Lanka incorporating results from resource infill and extension drilling.<\/p>\n\n\n\n<p>A further 802 drill holes have been completed in the ongoing resource infill program.<\/p>\n\n\n\n<p>The latest drilling has reduced the nominal resource pattern down to 200 metres by 50 metres from 400 metres by 50 metres over 90% of the resource envelope.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">53.08 million tonne resource<\/h3>\n\n\n\n<p>Mannar Island hosts an inferred resource of 53.08 million tonnes at 6.66% THM, which includes 3.21% ilmenite, 0.59% leucoxene, 0.14% rutile and 0.15% zircon.<\/p>\n\n\n\n<p>The company expects that the infill drilling will upgrade the resource and resource extension drilling will add to the total.<\/p>\n\n\n\n<p>Further drilling is planned to begin in June targeting potential resource extensions with the resource update expected in July-August.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dominated by ilmenite and leucoxene<\/h3>\n\n\n\n<p>Mannar&#8217;s heavy mineral assemblage is dominated by ilmenite and higher value leucoxene with even higher value rutile and zircon also present in minor concentrations.<\/p>\n\n\n\n<p>The heavy mineral deposit is on a 25-kilometre-long by 5-kilometre-wide sand island.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/www.proactiveinvestors.com.au\/upload\/CKEditor\/untitled%20folder\/untitled%20folder%201\/Titanum%20sands%20map.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>New rig&nbsp;acquired<\/strong><\/h3>\n\n\n\n<p>A reverse circulation\/aircore drilling rig has been acquired by the company and is being modified to an optimal configuration for the Mannar Island project.<\/p>\n\n\n\n<p>This rig and a full suite of spares and drilling equipment is scheduled to arrive in Sri Lanka in mid-May.<\/p>\n\n\n\n<p>The rig will supplement the shallow drilling being carried out by the company\u2019s local shell auger teams.<\/p>\n\n\n\n<p>It is small enough to be tractor mounted enabling it to efficiently traverse the sands of Mannar Island. It has depth and penetration capabilities well in excess of what local conditions require.<\/p>\n\n\n\n<p>A local drilling team will be trained by an experienced mineral sands driller over the course of this year\u2019s drilling programs.<\/p>\n\n\n\n<p>Share&nbsp;<a href=\"https:\/\/www.proactiveinvestors.com.au\/teams\/details\/354\/Jessica%20Cummins\"><br>\n\n<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Courtesy Proactive Investors Australia Results and details of analyses will be released in June 2019. The Mannar deposit is on a sand island in the dry northwest of Sri Lanka Titanium Sands Ltd (ASX:TSL) is preparing to&nbsp;upgrade resources at the&nbsp;Mannar Island Heavy Mineral Sands Project in&nbsp;northwest Sri Lanka incorporating results from resource infill and extension [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[132],"tags":[],"class_list":["post-86911","post","type-post","status-publish","format-standard","hentry","category-science"],"_links":{"self":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/86911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/comments?post=86911"}],"version-history":[{"count":0,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/posts\/86911\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/media?parent=86911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/categories?post=86911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankaweb.com\/news\/items\/wp-json\/wp\/v2\/tags?post=86911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}