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Broken Hill estimates maiden resource for Murray Basin mineral sands project

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Broken Hill estimates maiden resource for Murray Basin mineral sands project

Broken Hill Prospecting Ltd. subsidiary Murray Basin Minerals Pty. Ltd. estimated maiden mineral resource estimates for its Jaws and Gilligans heavy mineral deposits in Murray Basin, New South Wales, Australia.

At a 1% cutoff, the combined inferred mineral resource at Jaws and Gilligans deposits total 113 million tonnes at 1.8% heavy mineral, according to an Aug. 10 release.

The estimate for Jaws totals 63 million tonnes at 1.9% heavy mineral and 5% clay containing 1.2 million tonnes of heavy mineral with an assemblage of 10% zircon, 29% rutile and 10% total ilmenite.

The Gilligans estimate totals 50 million tonnes at 1.6% heavy mineral and 2% clay containing 800,000 tonnes of heavy mineral with an assemblage of 9% zircon, 23% rutile and 8% total ilmenite.

In mid-June, Murray Basin Minerals was granted three new heavy mineral sands-prospective tenements to expand the Murray Basin project.