By Business Reporter
HIGH-GRADE vanadium mineralisation returned from surface sampling at Chuatsa Vanadium Project in Mt Darwin has confirmed significant levels of the mineral in a survey conducted by the Australian based exploration company, Six Sigma Metals.
In a statement, Six Sigma Metals revealed that all results from due diligence surface sampling received showing significant high-grade V2O5 results returned, along with elevated Cu, Co, Ti2O and Fe2O3 from soil and rock samples over a 2.5km long zone of layered intrusive rocks.
Earlier this month, the Australian company announced that they had identified high-grade lithium in a reverse circulation drilling program at its Shamva Lithium Project.
The Project, along with the Shamva Lithium Project, forms part of the option agreement with Mirrorplex Pty Ltd and is currently undergoing a Due Diligence assessment by SI6.
Mirrorplex Pty Ltd holds Special Prospecting Licence areas of 12km2 (1200Ha) containing vanadium
occurrences over the historic Chuatsa project, located approximately 140km northeast of Harare.
The prospect lies approximately 20 kilometres north of the town of Mount Darwin, a significant regional centre serviced by sealed roads, grid power and containing an airport, public hospital and banks. The Chuatsa project was subject to historical exploration by Anglo America Prospecting between from 1962 to 1964.
Six Sigma Metals Non-Executive Director and consultant geologist Steve Groves was pleased to announce the assay results of a surface sampling program undertaken in July 2018 at the multi-element Chuatsa Vanadium Project in Mt Darwin whose objective was to test the tenor and location of VTi-Fe-Cu mineralised layered intrusive rocks as indicated by exploration undertaken in the 1960s by Anglo American.
“The program included the collection of 62 soil samples and 8 rock samples in areas of in situ outcrop and was designed to confirm the location and tenor of mineralisation documented in work by Anglo American during the 1960s,” read the report.
The program consisted of 5 soil sampling traverses across the interpreted position of mineralised layered intrusive body as indicated by historic exploration maps obtained from the Harare Geological
Survey office by Mirroplex staff.
The mineralisation at Chuatsa occurs in three folded, steeply-dipping, arcuate portions of a layered
gabbroic sill that is part of the Nyamhanda Complex of the Rushinga Group.
“Mineralisation includes titanium as ilmenite, vanadium as vanadiferous magnetite and copper as chalcopyrite and bornite. Historical samples submitted for chemical analysis from the 1960’s Chuatsa exploration produced results up to 7.8% TiO2, 0.38% Cu and 0.8% V2O5 from trenching and borehole sampling,” said the report.
“These results are extremely encouraging and confirm the results of historical exploration by Anglo American. In fact, the vanadium levels often exceed the historical levels with numerous results above 1% vanadium pentoxide. We have also discovered that elevated levels of cobalt exist across the project which potentially adds significant value to this large, multi-commodity body,” commented Groves.
“The fact that most of our samples were soils but still returned high levels of vanadium, copper, cobalt, titanium and iron shows that we are only scratching the surface of what could be a large, high value ore body within good proximity to infrastructure at a time when Zimbabwe is looking for quality resource projects to kick-start it’s economy and provide opportunities for the local population,” said Groves. ENDS//