Company
ASX:ADN
Andromeda Metals Ltd is a fast-growing South Australian company with the vision of becoming The Great White Mineral Company, with the ambition to lead the world in the sustainable supply of superior quality industrial minerals. The company's kaolin deposits contain naturally occurring blends of kaolinite plates and halloysite nanotubes, together with high-quality industrial sand.
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Andromeda’s recent PFS has reinforced the potential for the Poochera Halloysite-Kaolin JV Project in South Australia to be a long-term supplier of high-quality halloysite-kaolin product.
The company’s recent pre-feasibility study builds on a positive updated scoping study and reinforces Poochera’s potential to be a long-term supplier of halloysite-kaolin.
Andromeda Metals has released its pre-feasibility study for the Carey’s Well halloysite-kaolin deposit in South Australia.
Careys Well deposit economics have been improved by including onsite wet-processing to produce premium grade refined kaolin clay.
A 2,000-metre aircore drilling program is following up a halloysite zone identified at the Condooringie prospect in South Australia.
A 2,000-metre aircore drilling program is following up a halloysite zone identified at the Condooringie prospect in South Australia.
The companies presenting will outline operational updates as well as upcoming plans for 2020.
The project is around 80 kilometres northwest of Port Lincoln and 160 kilometres southeast of Carey’s Well halloysite-kaolin deposit in South Australia.
Two new appointments come as the company moves forward with the Poochera Halloysite-Kaolin Project in South Australia.
Wet processing at site provides improved kaolin recoveries over dry processing leading to additional revenues and lower cost per unit sold.
The prospect being drilled has a historical non-JORC resource estimate of 12.26 million tonnes from 1973.
Andromeda is focused on updating the scoping study, which will be released prior to the end of the month.
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Andromeda Metals appears to be on a fast-track to mining Halloysite and Kaolin at its joint venture projects in South Australia.
The PFS is building on a scoping study that proposed an initial DSO operation at the Carey’s Well kaolin deposit.
There has been an 80% increase in measured resources along with a 9% lift in the halloysite mineral resource.
High‐purity halloysite of up to 91% containing 20 metres of whiteness kaolinised granite was reported this month from analysis of samples taken during the April‐May 2019 drilling program at Poochera Halloysite‐Kaolin Project.
Analysis of drill samples has returned an average grade of 59% halloysite with a high value of more than 90%.
In this episode, Samso discusses Andromeda Metals and the interesting story behind halloysite and kaolin.
The samples will be used to optimise processing, determine final product specifications and assist in estimating operating costs.
The halt will remain in place until Friday 27th October 2017.
