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Tawana to start drilling at Liberia iron-ore project

11th January 2013

By: Natalie Greve

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – ASX- and JSE-listed Tawana Resources announced on Friday that it planned to start drilling at its Liberia-based Mofe Creek project this month, following the granting of a mineral exploration licence by the Ministry of Lands, Mines and Energy late last year.

A reverse circulation (RC) drill rig was mobilising in preparation for some 2 500 m of reconnaissance drilling planned over the Koehnko and Gofolo targets to test depth extent and continuity of mineralisation.

The company planned to initially drill about 1 800 m at the Koehnko target, where over 5 km strike length of friable iron formation at an average of 42% iron and low contaminants had been defined between 100 m and 400 m widths.

An additional six holes for 700 m of RC drilling was planned over the Gofolo target, where outcropping iron formation had been mapped and sampled over a 3 km strike length.

Initial assay results were expected within one month of the start of the drilling programme.

The company said the project was well-positioned for possible future infrastructure scenarios, either by road or rail to the Monrovia deep sea port, or by road to the coast followed by barge transshipment to deeper water for onward shipment.

The Mofe Creek project is located in one of Liberia’s premier iron-ore mining districts, and is 10 km along strike from the abandoned Bomi Hills iron-ore mine.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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