ERN 0.00% 0.5¢ erongo energy limited

qty report

  1. 54 Posts.
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    Poor old ERN - it is certainly quiet at the moment and seems to be bunkering down for the immediate futore.

    Two very small glimmers of hope were contained in the report as follows. Can anyone expand on / throw more light on these comments.

    Armour

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    The Company is currently investigating alternative screening methods which could potentially upgrade the mineralisation at the Area 1 Prospect to economic levels.

    During the December quarter the Company will evaluate all drilling results to date and complete metallurgical
    and density separation studies on RC samples from Area 1 to establish whether grades of mineralisation and
    tonnages can be improved

    ***********************************************************

    During the quarter Allied Mineral Services in Perth, Australia completed a preliminary heavy mineral analysis of
    samples from previous pitting and the auger test programme to determine the valuable heavy mineral (dollar inground
    potential) and deleterious mineral content of the heavy mineral suite.
    Results indicated that samples with a heavy mineral grade of 10-12% have higher magnetite and hematite levels
    than those normally seen in mineral sands deposits and have good potential for an iron ore deposit. There are
    however high levels of titanium in the coarse magnetite fraction. Testwork is being undertaken to establish
    whether economic quantities of magnetite with low Titanium content can be recovered from the dunes. Although
    the deposit typically has low levels of zircon and rutile, the zircon could possibly be recovered as an accessory
    mineral during a mining operation. High concentrations of garnet could also be recovered as a marketable
    commodity.
    Additional electrostatic, mineralogical and metallurgical studies are also being undertaken by Allied Mineral
    Services to better understand the economic potential of the heavy minerals present.
 
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