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- Andromeda Metals (ADN) and Minotaur Exploration (MEP) commence a bulk sampling drilling program at Great White Deposit
- The Great White Deposit is a joint venture project located on the Eyre Peninsula in South Australia
- Drilling will provide about 1.5 tonnes of high purity kaolin to Andromeda and Minotaur’s joint venture company, Natural Nanotech
- Natural Nanotech is in a partnership with the University of Newcastle for research and development into technology applications of halloysite nanotubes
- Just before the market opens for the week, Andromeda is sitting at 14.5 cents per share, while Minotaur shares are 10 cents each
Andromeda Metals (ADN) and joint venture partner Minotaur Exploration (MEP) has commenced a bulk sampling drilling program at Great White Deposit.
The Great White Deposit is located on the Eyre Peninsula in South Australia.
Drilling will provide about 1.5 tonnes of high purity kaolin to Andromeda and Minotaur’s joint venture company, Natural Nanotech.
Natural Nanotech is in a partnership with the University of Newcastle’s Global Innovative Centre for Advanced Nanomaterials (GICAN) to undertake research and development into technology applications of halloysite nanotubes.
The drilling aims to provide material for multiple projects aimed at developing new markets that will be in addition to the current definitive feasibility study (DFS).
Andromeda is currently in the process of installing a large pilot-scale kaolin processing centrifuge at the Streaky Bay pilot plant which will be used to upgrade halloysite purity.
Material from the current drilling program will be refined at Streaky Bay before being sent to GICAN.
Just before the market opens for the week, Andromeda is sitting at 14.5 cents per share, while Minotaur shares are 10 cents each.
