Accelerate Resources has fired up the reverse circulation rig at its Woodie Woodie North manganese project in Western Australia’s East Pilbara, launching the first modern drill test of a highly prospective 12-kilometre-long corridor.
asserted
Resources → fire → corridor
The maiden 3500-metre program will probe Gingarrigan, a prospect within Woodie Woodie North, 10km south-east of the company’s existing Area 42 resource.
asserted
program → probe → resource
Expected to take five weeks, it will test priority outcrops for thickness, grade and continuity at depth.
asserted
it → expect → depth
The 12km corridor stretches southeast from Area 42 to its El Largo prospect, with systematic mapping identifying more than 200 manganese outcrops along the Gingarrigan and El Largo trends.
asserted
mapping → stretch → trends
Rock chips have graded up to 59.4 per cent manganese at El Largo and 59.6 per cent at Faris, another Woodie Woodie North prospect 2km southeast of Area 42.
asserted
chips → grade → Area
Accelerate says the trend may host a series of shallow manganese deposits that could build on the existing deposit.
uncertain
that → say → deposit
Woodie Woodie North, 260km east of Port Hedland, covers 432 square kilometres and includes seven mapped manganese trends extending over 42km of strike.
asserted
North → cover → strike
Consolidated Minerals’ operating manganese mine lies 55km south of the project, in one of WA’s most significant manganese provinces.
asserted
mine → operate → provinces
The district’s mining history stretches back to the early 1950’s; manganese was the first bulk commodity shipped from the port, more than a decade before iron ore exports took over.
asserted
exports → stretch → port
‘Gingarrigan represents a genuine opportunity to further grow the project.
asserted
Gingarrigan → represent → project
Despite the promising surface signs, the Area 42-El Largo trend remains largely untested.
asserted
trend → remain → signs
Historic drilling outside Area 42 was limited to a handful of scattered, shallow vertical holes drilled in 1996.
asserted
drilling → limit → 1996
Those holes averaged just nine metres deep, with none extending beyond 15m, leaving plenty of prospective ground untouched beneath the surface.
asserted
none → average → surface
Gingarrigan lies outside the project’s existing 1.2-million-tonne inferred resource, grading 19.1 per cent manganese, and its conceptual exploration target of 5.3 to 10.7 million tonnes at 10 to 19 per cent manganese.
asserted
Gingarrigan → lie → manganese
Neither Gingarrigan nor El Largo is included in those figures, so any mineralisation defined by the campaign could add to the project’s inventory.
uncertain
mineralisation → include → inventory
Accelerate Resources chief executive officer Luke Meter said: “Today marks the start of a key program for the Woodie Woodie North Manganese Project.
asserted
Today → say → Project
We have identified over 200 manganese outcrops in the Gingarrigan and El Largo trends alone.
asserted
We → identify → trends
Accelerate will now systematically drill test this area for the first time.
asserted
Accelerate → drill → time
Gingarrigan represents a genuine opportunity to further grow the project.
asserted
Gingarrigan → represent → project
”
Once the Gingarrigan program is complete, the rig will move to Area 42 for a second phase of work, targeting extensions to its 700,000-tonne resource grading 20.7 per cent manganese.
asserted
rig → move → manganese
It will also follow up a recent diamond hole at Nathan’s Flat, within the deposit area, where visual manganese mineralisation was identified across 72m from 5.6m downhole.
asserted
mineralisation → follow → m
The hole ended in mineralisation, leaving the zone’s full depth extent untested.
asserted
hole → end → extent
Laboratory assays are still needed to confirm grade, but the intercept provides a compelling target for the upcoming resource drilling.
asserted
intercept → need → drilling
Gingarrigan samples will be sent to the laboratory in batches, with assays reported regularly after receipt and validation.
asserted
assays → send → receipt
The company is also awaiting metallurgical test results from three Area 42 diamond holes ahead of further resource drilling.
asserted
company → await → drilling
Meanwhile, mapping and rock-chip sampling will continue at Faris, across the Sea Turtle iron-manganese alteration system and along the broader 12km Area 42–El Largo corridor.
asserted
mapping → continue → corridor
To fund the ongoing Woodie Woodie North exploration push, Accelerate has received firm commitments for a $1.1M placement, issuing 275 million new shares at A$0.004 each, with settlement scheduled for the end of the month.
asserted
settlement → fund → month
Directors and management are also looking to put some skin in the game, flagging plans to chip in A$70,000, subject to shareholder approval.
asserted
Directors → look → approval
The money raised will support discovery drilling at Gingarrigan along with resource drilling and permitting at Area 42.
asserted
money → raise → Area
Part of the funds is also earmarked for geochemistry and drilling at Balagundi, the company’s gold project near Kalgoorlie, as well as general working capital and placement costs.
asserted
Part → earmark → Kalgoorlie
For three decades, a 12km manganese trend dotted with high-grade outcrops has sat quietly in one of WA’s premier manganese districts.
asserted
trend → dot → districts
With the drill rods finally spinning and assays in the making, Accelerate is just weeks away from finding out what lies beneath the surface.
asserted
what → spin → surface
Is your ASX-listed company doing something interesting?
asserted
company → list → something