- Accelerate Resources (AX8) has completed an aircore drilling program at the Tambellup Kaolin Project in WA
- The drilling program started earlier this month and targeted the Saddlers Kaolin prospect
- Kaolin was observed in the majority of the drill holes and the results confirm it is near surface
- Samples have now been sent for analysis and results are expected in the coming weeks
- Accelerate’s share price is up 25 per cent with shares trading for 3.5 cents apiece
Accelerate Resources (AX8) has completed a 52 hole aircore drilling program at the Tambellup Kaolin Project in Western Australia.
Kaolin was observed in the majority of the drill holes and the results confirm it is near surface.
The aircore drilling program at Tambellup began earlier this month and targeted the Saddlers Kaolin prospect.
Drilling at Saddlers confirmed the presence of near surface kaolin mineralisation that was identified in previous historical drilling data.
“We are encouraged by the early completion of the initial drill program,” Managing Director Yaxi Zhan commented.
“The samples have been dispatched to the laboratory for XRF (x-ray fluorescence) analysis, with results expected in the coming weeks,” she added.
The Tambellup Kaolin Project is located 10 kilometres west from the town of Tambellup in the southwest of Western Australia and 280 kilometres south-southeast of Perth.
Two kaolin prospects have been identified by previous drilling within the project area, including Saddlers in the northwest and Hulls in the east.
The kaolin prospects were formed by in situ weathering (weathering in the same place) of biotite adamellite (igneous rock) which forms the main basement rock type in the area.
Accelerate’s planned work at the prospects include aircore drilling to define resources to JORC 2012 standard, bulk sampling, analysis of samples to be refined to a final product, and a project wide prospectivity evaluation with surface sampling and mapping to identify future target areas.
Accelerate’s share price is up 25 per cent with shares trading for 3.5 cents apiece at market close.