Adroit Updates Antimony Soil Sampling in Italy
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/27/12 -- Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V) -
Adroit Updates Antimony Soil Sampling in Italy. Management is pleased to report results from the summer and fall soil sampling surveys on certain of Adroit's antimony exploration permits in Grosetto Province, Italy. The surveys and analysis of the samples were carried out by Adroit's wholly owned Italian subsidiary, Risorse dei Minerali Naturali Srl (RMN). The analysis was carried out using RMN's Olimpus XRF INNOV-X DELTA equipment. This equipment does not conform to the standards of National Instrument 43-101. The Company is not relying upon the results which will need to be verified by an approved assaying laboratory.
Poggio Pietricci/Fagio Scritto contigious Permits. The soil sampling survey was carried out to test the area between the Macchia Casella Extension Antimony historic resource and the old Macchia Casella high grade Antimony mine. The survey collected 553 new samples and these, together with the soil samples collected in 2008-09, resulted in a total of 1,078 samples being analyzed.
The sample value results range from only a few ppm to peaks of 22,700 ppm (2.27%), the average Sb value of the entire area tested is of 1,595 ppm, with 86 samples exceeding 0.5% of Sb in the soil. The anomalous values, using the lower limit of 500 ppm as a cut off, identify two priority targets for follow-up.
The first, in the northern part, crosses the boundary between the two permits and covers the area with the Macchia Casella Extension historic resources, about 0.18 square km, plus the entire area of the Poggio Pietricci hill to the old Macchia Casella high grade antimony mine. This 1.8 square kilometers area contains a concentration of the best values.
The second, is in the southern part of the Poggio Pietricci permit and covers a 0.3 square km area, with lower values and peaks of 2,000 ppm. This anomalous area remains open in the south.
Poggio Monticchio Permit. A soil sampling campaign was also carried out in Poggio Monticchio, aimed at identifying the possible extension of the mineralization in Sb, in the east flank of the Poggio Monticchio hill and generate targets for the drilling campaign planned in this permit.
The survey collected 477 samples. The results of the 477 samples analysed included values ranging from 500 ppm to a peak of 8,206 ppm, showing an anomaly reflecting known structures. The anomaly is located in the East flank of the Monticchio hill, along a NW - SE direction which can be followed over about 1 km and has an average width of about 200 m. This anomalous area remains open to the south and north.
The Manciano region, located about 50km south from the Company's project office in Grosseto, was, by world standards, a significant producer of Antimony with several deposits mined over the past century. Production in the area ceased in the 1980's with the closure of the Tafone mine. Several new occurrences or extensions to mined deposits were identified in the late 1980's but never developed, as production was winding down due to low prices. The Company is currently assessing some of these Antimony deposits for eventual commercial exploitation.
Exploration and resource evaluation, carried out prior to the mine closures, indicated the presence of considerable Antimony resources in the district and, more particularly, within the Company's permits. Based on its work carried out in the 1980's, SAMIM, an Italian company mining several antimony deposits in the area at the time, estimated the presence of over 2.8Mt of ore grading 0.77% Sb, yielding over 21,000t of Sb metal, including a higher-grade zone of about 465,000t grading 1.58% Sb on the Faggio Scritto prospect, astride the Poggio Pietricci and Faggio Scritto tenements. The mineralization, which was never mined, occurs near surface, and remains open in several directions (see news releases of June 13, 2007 and February 4, 2008).
It occurs in close proximity to the former Macchia Casella mine which reportedly produced over 1,100 tons of Sb metal from high-grade ore (greater than 10%) between 1939 and 1953. Historical work carried out on the Company's other Antimony prospects estimated resources of 25,000t grading 1.3% Sb at Poggio Monticchio and 31,500t at 1.5% Sb on the I Salaioli prospect. These deposits remain open in several directions.
All of the above historical resource estimates and data are non-conformable with National Instrument 43-101, 'Standards of Disclosure for Mineral Deposits' and should not be relied upon. These historical reports have not yet been independently verified by the Company and the Company is not relying upon them and is not treating the historic resource as a current resource. The historical data is currently being reviewed and assessed in the light of the recent discovery of new historical documents.
The Antimony mineralisation occurs in close spatial and genetic relation with the gold mineralization, recognized in the area (see, amongst others, News Release of 22 December 2006). Both occur preferentially in Mesozoic carbonate-evaporitic formations, are associated with regional structural features and are related to recent igneous activity. The idealized prototype of a southern Grosseto Province Antimony deposit can be described as an irregular mineralization situated in the upper part of a highly porous limestone unit, usually the Calcare Cavernoso ('vuggy limestone'), overlain by an impermeable unit, normally a flysch-type rock. The deposits are bound to the edge of horst positions and also to areas of elevated geothermal gradient and resulting hydrothermal activity.
Antimony has many diversified and indispensable uses for both commercial and military applications. Antimony prices recently soared as global demand surges and output considerably declined as Hunan province, China's largest producing region, curbs output to comply with central government restrictions. China reportedly contributes around 90 percent of world output.
Dr. Mehmet Taner, a Qualified Person under the guidelines of National Instrument 43-101, has reviewed and approved the geological information contained in this news release.
President's comments: 'While the XRF INNOV-X DELTA results will need to verified by approved assay laboratory results, these soil surveys indicate to me that the permits potentially host significantly larger deposits than were originally thought.'
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Antimony and other metals in Central Italy and diamonds, precious and base metals in the Timmins/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. In addition, Adroit is seeking new precious and base metal projects to add to its expanding portfolio. The Company's issued and outstanding share capital is 135,295,191.
On behalf of the Board of Directors
Graeme Rowland, Chairman and President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Adroit Resources Inc.
Graeme Rowland
Chairman and President
604-688-3304
info@adroitresources.ca
www.adroitresources.ca
Blackwell (Corporate Advisor)
416-364-3123
blackwell@tcn.net
