Tusker Defines Multi-Billion-Tonne Rutile Exploration Target in Cameroon
Tusker Minerals Limited (ASX: TSK) has announced a JORC (2012) Exploration Target of 2.1–2.6 billion tonnes grading 2.1–2.3% total heavy minerals (THM) for the Diwong South Deposit within its Douala Basin Project in Cameroon, marking a significant milestone for the company’s titanium strategy. The conceptual target includes indicative grades of 0.3–0.35% rutile and 0.06–0.07% zircon, with an estimated 48–55 million tonnes of contained heavy minerals, including 7–8 million tonnes of rutile and 1.4–1.7 million tonnes of zircon. The company noted that the Exploration Target is conceptual in nature and further work is required before a Mineral Resource can be defined.
The current target covers only around 152 km², representing approximately 6% of Tusker’s broader 2,580 km² Douala Basin Project, leaving substantial exploration upside. Initial reconnaissance drilling has already identified higher-grade near-surface mineralisation, including intersections of 3.2 metres at 0.76% rutile from surface. Tusker plans to undertake infill and extension drilling, metallurgical studies and geological modelling to support a maiden JORC Mineral Resource while continuing to evaluate additional targets across the basin.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Tusker Defines Multi-Billion-Tonne Rutile Exploration Target in Cameroon
Tusker Minerals Limited (ASX: TSK) has announced a JORC (2012) Exploration Target of 2.1–2.6 billion tonnes grading 2.1–2.3% total heavy minerals (THM) for the Diwong South Deposit within its Douala Basin Project in Cameroon, marking a significant milestone for the company’s titanium strategy. The conceptual target includes indicative grades of 0.3–0.35% rutile and 0.06–0.07% zircon, with an estimated 48–55 million tonnes of contained heavy minerals, including 7–8 million tonnes of rutile and 1.4–1.7 million tonnes of zircon. The company noted that the Exploration Target is conceptual in nature and further work is required before a Mineral Resource can be defined.
The current target covers only around 152 km², representing approximately 6% of Tusker’s broader 2,580 km² Douala Basin Project, leaving substantial exploration upside. Initial reconnaissance drilling has already identified higher-grade near-surface mineralisation, including intersections of 3.2 metres at 0.76% rutile from surface. Tusker plans to undertake infill and extension drilling, metallurgical studies and geological modelling to support a maiden JORC Mineral Resource while continuing to evaluate additional targets across the basin.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au