News and Announcements
Altech Updated its Kaolin Mineral Resource at Meckering
- Published July 08, 2016 1:57PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
8th July 2016, ASX Announcement
Highlights
- Kaolin Indicated Miner Resources of 11Mt @ 82.7% ISO brightness (JORC 2012)
- Sufficient resources to provide <250 years feed-stock for the Company’s proposed Malaysian high purity alumina plant
- Submission of mining proposal and mine closure plan imminent
Following the completion of grade control drilling in April 2016, Altech Chemicals Limited (Altech/the Company) (ASX:ATC) is pleased to announce an update to kaolin mineral resources for its 100%~owned mining lease (ML) M70/1334, at Meckering Western Australia.
The updated Mineral Resource is 11 million tonnes (Mt) of kaolin clay containing 45%minus 45 micron clay with a brightness of 82.7% (ISO standard), and is classified as Indicated.
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