Titanium Sands Limited (ASX:TSL) has confirmed that the infill and extension drilling exploration program on TSL’s heavy mineral project in Sri Lanka has commenced under the management of the Geological Survey and Mines Bureau Technical Services Division (GSMBTS).
The programme will consist of about 300 holes for a total meterage of around 3,600m. The primary objective of the drilling will be to convert more of the resource in the high-grade zone from an inferred to indicated mineral resource category by decreasing the RC aircore drill line separation from a nominal 400m to 200m.
A secondary objective will be to drill 12m deep holes beneath a 2.2 sq. km area of the high-grade zone resource only tested by shallow auger drilling down to 2-3m below surface.
The programme will be within the company’s high-grade zone as outlined in the initial scoping study.
The existing high-grade zone contains a mineral resource1 of 93Mt at 5.24%THM of which 32% is in the indicated category. This high-grade zone represents only 35% of the total current mineral resource estimate for the project of 265Mt at 4.38%THM
The drilling programme is expected to take up to seven weeks from commencement date however conclusion of the drilling programme is expected by February 11, 2022.
Processing of samples through the company’s on-site sample preparation facilities will be undertaken concurrently with the drilling.
Analytical laboratory determinations of Total Heavy Mineral content of samples is expected to be completed around the end of February 2022.
An updated resource estimate will follow allowing for a revision of the project’s scoping study and will assist the Company’s proposed mining license application process.
For further information please visit: https://www.titaniumsands.com.au/
