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Tando speeds up drilling at SPD project, targets Jorc-compliant resource by end-October

27th September 2018

By: Marleny Arnoldi

Deputy Editor Online

     

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ASX-listed junior exploration company Tando Resources has mobilised another diamond core rig at its SPD Vanadium project, in South Africa, with three rigs now drilling out the 513-million-tonne resource.

This will contribute to the publication of a Joint Ore Reserves Committee- (Jorc-) compliant measured resource for SPD by the end of October.

Tando is well advanced in its strategy to establish a Jorc-compliant resource, which is part of the milestones it needs to achieve to acquire 73% of the SPD project.

Other milestones include the completion of a scoping, prefeasibility and definitive feasibility study.

Phase 1 of the A$1.4-million drilling programme at SPD started earlier this month and is expected to be complete before the end of the quarter. Phase 1 comprises 18 holes for 1.6 km.

Phase 2, which is expected to include the drilling of 58 holes for 5.5 km, will entail upgrading the maiden Jorc-compliant resource to the indicated category.

Meanwhile, drilling of the vanadium pipes within a 3 km radius of the SPD deposit will start mid-October, simultaneously with the primary drilling at SPD. Sampling of these pipes in June returned high grades of vanadium, which highlighted the potential to underpin a low-cost direct shipping ore operation for Tando.

The SPD vanadium project is located in the Bushveld Complex, in South Africa’s Limpopo province.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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