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Giyani Metals Corp (TSXV:EMM) completes infill drilling at K.Hill Project

Mining
TSXV:EMM
02 June 2022 12:45 (EDT)

Source: Giyani Metals.

Giyani Metals Corp. (EMM) has completed reverse circulation (RC) infill drilling at the recently discovered southerly extension (K.Hill Extension).

The company drilled 4,561m across 54 holes (including three re-drills) on an approximate 75 x 75m grid spacing to determine the correlation between the southern mineralized horizons and the northern resource horizons. 

This was done to establish continuity to convert most of the inferred resources in the K.Hill Extension to indicated resources.

The drilling program also extended along strike into a previously untested section to the south of the identified zones and confirmed the presence of further mineralization and the potential to add tonnage to the existing resource.

An additional 19 holes were planned for this section, eleven of which have already been completed for 730m, two are in progress and the remaining six will be drilled in the coming weeks.

A further ten diamond drill holes across the K. Hill Extension area will be drilled at pre-selected locations.

The diamond drill holes will be drilled as twin holes and will be used to confirm the results from the RC campaign and geotechnical, geochemical and metallurgical studies.

Earlier this month, the company attended the Cape Town Mining Indaba and was invited to a special audience with the President of Botswana, His Excellency Mokgweetsi Masisi. The President drew attention to the K.Hill Project and Giyani’s plan to produce a critical battery material in country.

“The K.Hill orebody continues to deliver excellent results and we are very pleased not only to complete the infill portion of our RC drill program within budget but to confirm that the mineralization continues to the south,” said Robin Birchall, CEO of the company.

Giyani is a mineral resource company focused on becoming one of Africa’s first low-carbon producers of high-purity manganese sulphate precursor materials directly from manganese oxide ore, used by battery manufacturers for the expanding EV market through the advancement of its manganese assets in the Kanye Basin in south-eastern Botswana.

Giyani Metals Corp. was up 2.778 per cent, trading at $0.37 at 11:56 AM ET.

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