Die Mindestmenge für einen lohnenden Abbau wurde auf min. 21.74 million tonnes gesetzt. Nach aktuellem Überschlag der Messdaten und Auswertungen wird von einer Menge von 25 to 30 million tonnes of V2O5 ausgegangen. Hier die original News:
Energizer Completes Successful 2010 Drill Program on Green Giant Vanadium Project in Madagascar; Provides Metallurgy Update
July 19, 2010
Energizer Resources Inc. (formerly Uranium Star Corp.) (TSX.V: EGZ) (OTCBB:ENZR) (FRANKFURT:YE5) (“Energizer” or “the Company”) announces it has completed its 2010 resource definition drill program on its 100%-owned Green Giant Vanadium Project in Madagascar.
Utilizing two Boart Longyear diamond drills, a total of 46 diamond drill holes (DDH), totalling 8,952 metres were drilled during the 2010 program, bringing the total number of completed drill holes to 131, and metres drilled on the property to 21,957.
The focus of the 2010 exploration program was to expand the Company’s current National Instrument 43-101 (NI 43-101) indicated resource of 21.74 million tonnes vanadium pentoxide (V2O5) and inferred resource of 4.15 million tonnes V2O5, as announced on May 11, 2010. Based on the XRF results obtained during the 2010 program, the Company expects to meet its target of delineating additional resources in the range of 25 to 30 million tonnes of V2O5.
Drill core samples have been sent to Genalysis Laboratory Services for assaying and the Company looks forward to reporting the drill assay results, which are expected to be available next month. Pierre Desautels, an independent qualified person of AGP Mining Consultants Inc. (AGP) (formally PEG Mining Consultants Inc.) will update the previous resource estimate for the Green Giant project once final assays are available. AGP is anticipating completion of this effort with release of an updated NI 43-101 technical report in September.
“We are pleased with the results of our drill program as it continues to confirm the existence of a long, continuous trend of high-grade vanadium. We have concluded our drilling for this year and look forward to reporting on the assay results and updating our NI 43-101 resource estimate, which we expect to be completed by Q3 2010,” said Julie Lee Harrs, President and Chief Operating Officer.
Metallurgy Update
As previously announced, simultaneously with the definition drill program, the Company has been actively progressing the metallurgical scoping program with work currently ongoing at laboratories in South Africa (Mintek) and Canada (SGS Lakefield and NMR 360, Montreal). The initial metallurgical test work completed at SGS Lakefield in 2009 demonstrated the amenability of the Green Giant ore to acid leaching, with up to 78.2% extraction achieved under atmospheric leach conditions. Given these promising results, additional work was initiated in Q3 2009 and is continuing at Mintek, SGS Lakefield and NMR360 (Montreal). The goal of the metallurgical scoping program is to assess all technically viable process options for the unique Green Giant mineralization, including acid leaching, alkaline leaching, chloride leaching and roasting. On completion of this program, the lowest cost process option will be used to assist the definition of project economics in a NI 43-101 compliant preliminary economic assessment.
An update on the metallurgical program is expected to be available and incorporated into the next update of the NI 43-101 technical report.
Qualified Persons
Craig Scherba, P.Geol., V.P. of Exploration and Director of the Company, is the qualified person for the geological information provided in this release. Taiga Consultants Ltd. is continuing to conduct the Company’s exploration activities on the Green Giant Vanadium Project and AGP Mining Consultants Inc. continues to provide engineering expertise for the project. Andy Holloway, P.Eng., Principal Process Engineer of AGP Mining Consultants Inc., is responsible for oversight of the metallurgical program currently underway.
For more information, please visit our website at www.energizerresources.com
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