| Announcement Date: | 2022-10-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Accelerate Resources Ltd. |
| Project name: | Woodie Woodie North |
| Location: | Australia |
| Commodities: | Manganese |
| Highlight: | Drilling results incl. 6m at 17.3% Mn from 13m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Accelerate Resources Limited (ASX:AX8) (“AX8″ or the “Company”) is pleased to announce the commencement of the Phase Two drilling program at the company’s Woodie Woodie North Manganese project in the Pilbara. The 2,000m drilling program is designed to follow up on the deeper feeder zone identified from discovery holes WWN22_017 and WWN22_15, with mineralisation tracing to the hilltop at Area 42. Phase Two drilling will test six priority target zones with outcropping manganese at the surface, along a strike of 2.25km of stacked manganese replacement seams within outcropping layered chert. Drilling aims to follow-up the recent success of WWN22_015 and WWN22_ 017,and also to target near surface high grade (Direct Ship) manganese material identified by surface mapping and historical Valiant drill hole results, within Area 42. Assay results received from hole WWN22_17 indicate the intersection of surface manganese mineralisation within layered chert breccia and a major NW-SE trending fault separating folded Jerrinah Formation shales to the east and predominantly shallow dipping cherts and dolomite to the west. Results confirmed the existence of a large mineralised system that has only been tested on its periphery |
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