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Thursday, July 24, 2008

Navasota drills Alumina at Koba Bauxite project

Navasota drills Alumina at Koba Bauxite project

Navasota Resources Ltd. provides additional results from the Télimélé and Gaoual (AMIG) permits of its Koba Project located in the Boke Bauxite Belt of northwestern Guinea, West Africa.

The company said that at Kouraidendeli Plateau, 108 of 111 Phase 1 drill holes intersected bauxite mineralisation having a weighted average grade of 43.41% Al2O3 and 2.56% SiO2 over an average thickness of 5.75 metres. In addition, Phase 2 drilling is now complete.

The company has completed a total of 36,759 metres in 2,147 drill holes in two phases of aircore drilling on its Koba Bauxite Project. Resource modelling and estimation work have commenced.

Phase 1 drilling was designed to confirm the presence of bauxite mineralisation on 25 target “plateaus” identified through Aster satellite imagery analyses. This drilling totalled 10,666 metres and consisted of 558 shallow holes at 300 and 600-metre hole spacings.

Most assay results from the Phase 1 drill program have been received and results from 19 remaining plateaus will be released after they are composited.

 


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