Pinnacle Minerals Ltd (ASX: PIM) has identified halloysite nanotubes in the initial surface sample from a “kaolin dam” at the Tammin Project in Western Australia.
The company is currently undertaking preliminary exploration activities and target generation led by both field observations and geophysics to ensure that once granted, Pinnacle can add value to the Project immediately with a cost-effective and targeted drill campaign.
The company believes that the presence of halloysite from surface indicates the potential for a halloysite dominant mineralized zone in the vicinity of the sample location, with follow up exploration post granting of tenure and securing surface rights to endeavour to zero in on any such mineralisation.
Halloysite is a rare form of Kaolin formed by hydrothermal adjustment of alumino-silicate minerals, and naturally occurs as nanotubes, the properties of which lend itself to uses in both high-grade porcelain and high-tech applications. For these reasons, halloysite- kaolin attracts a significant premium in the market compared to typical kaolin prices.
Halloysite Nanotube Technology (HNT) is a burgeoning field of study with new applications creating a demand for this rare material, with specialist applications including usage in hydrogen storage, water purification, carbon capture and Li-ion batteries.
“Identifying halloysite nanotubes in the first surface sample taken from the Tammin Project is a fantastic result for the company and one which sets the tone for the Project moving forward,” Managing Director, Nic Matich, said.
“Located close to Perth with ready access to infrastructure including both rail and a major highway which run through the Project area, we are eagerly awaiting further assay results from the Project and look forward to updating shareholders.”
The Tammin Project has many logistical advantages over similar kaolin projects being closer to a deep-water port and having both a highway and rail line running through it. Land access agreements are currently being negotiated pending granting of the tenements, with the company optimistic about achieving a positive outcome for all parties concerned.
For further information please visit: https://pinnacleminerals.com.au/
