Greentech Technology International (00195) announced that the Ringrose mine is located in the existing Renison Mine Development Zone to...
According to the Zhitong Finance App, Greentech International (00195) announced that the Ringrose mine site is located 750 meters south of the existing Renison Mine Development Zone. Surface exploration and drilling are ongoing, and it continues to intersect with other important tin mineralization areas. The current Ringrose mineralization range is about 300 meters long along the path and inclines 250 meters downward, and the mineralized area remains open in all directions.
Recent drilling results have inclined the mineralized area an additional 50 meters to the north and 50 meters to the west.
Other important tin measurement results that have been received so far include:
S1683: Found 2.9 m @0 .9% tin at a depth of 143.3 meters; discovered 5.6 m @1 .2% tin at a depth of 158.6 meters; and 6.85 meters at a depth of 181 meters @0 .69% tin;
S1684: Discovered 9.9 meters at a depth of 244 meters @0 .53% tin;
S1685:3.8 meters @3 .38% tin discovered at a depth of 13.2 meters, 2 meters @0 .80% tin found at a depth of 27 meters; 2.1 meters @1 .01% tin found at 48.9 meters; 0.60% tin found at 56 meters deep; 7.7 meters 0.41% tin found at a depth of 145.2 meters;
S1687: Found 5.35 m @0 .73% tin at a depth of 63.3 meters; Found 7.2 meters at a depth of 249.4 meters @2 .52% tin;
S1688:6.45 m @0 .51% tin discovered at a depth of 201 meters; discovered 12.05 meters at a depth of 213.15 meters @1 .01% tin;
S1696:8.4 meters @0 .87% tin was discovered at a depth of 42.5 meters (NB drilling is ongoing).
Currently, Renison has two surface diamond drills drilling for exploration targets. Ringrose is implementing ten ground diamond drilling intensive filling projects with a total length of 2,800 meters, which are expected to be completed by the third quarter of 2024. The purpose of the drilling was to further test the extent and grade of Ringrose mineralization. Three of the holes extended beyond the mineralization target to test recently modeled conductors. The collar position and hole trajectory of this ongoing plan are shown in Figure 4. In addition to standard Renison core logging, processing and multi-element exploration analysis kits, selected ore grade junctions will also be submitted for mineralogical analysis and preliminary metallurgical testing work, including modal mineral analysis (MLA) and bonding strength index tests.
The second drilling program is also drilling north and south along the Ringrose mineralization belt. These holes are aimed at testing the simulated mineralized zone trajectory range, with additional support from EM conductor models from recent EM surveys conducted at Ringrose. The project is currently drilling five 2,100 meter ground diamond holes and is expected to be completed by the third quarter of 2024.
After completing the modeling and interpretation of EM survey data, it is expected that more drill targets will be generated and tested in the second half of 2024, and the Ringrose target area will continue to be monitored.