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BURRACOPPIN PROJECT: ADDITIONAL DRILL RESULTS CONFIRM HIGH GRADE HALLOYSITE



HIGHLIGHTS

  • All ISO Brightness testing complete and first batch of XRD results received

  • High grade Halloysite discovered (within -45μm fraction) with the following significant results: o RBC 002: 9m @ 23% halloysite from 20m (incl 1m @ 40% and 2m @ 24%) o RBC 006: 6m @ 12% halloysite from 8m o RBC 007: 8m @ 14% halloysite from 4m o RBC 008: 14m @ 12% halloysite from 7m o RBC 009: 13m @12% halloysite from 8m (incl 3m @ 30%)

  • Continued ultra-bright ISO-B results across the drilled area

Ragusa Minerals Limited (ASX: RAS) (“Ragusa” or “Company”) is pleased to advise that it has received additional laboratory assay results from the first round of drilling at the Company’s 100% owned Burracoppin Project, identifying a high grade halloysite component together with significant ultra-bright ISO-Brightness (ISO-B) results across the remainder of the drilled area.


All results have now been received for x-ray fluorescence (XRF) elemental composition and ISO-B levels. Results for the first batch of x-ray diffraction (XRD) analysis comprising 50 of the total 147 samples have also been received showing significant high grade halloysite intervals in several of the holes.


Results received to date show the Burracoppin Project to be significantly well endowed in bright white Kaolinite, high grade Halloysite and rare earth elements all within a near surface formation, making it a true multi commodity project.


Ragusa Chair, Jerko Zuvela said “The Company is pleased with the additional results confirming the high-grade halloysite discovered at our Burracoppin Project. These positive results further reinforce the potential multi-commodity development of our Project – we look forward to delineating a JORC mineral resource and progressing the strategic critical minerals discovered at Burracoppin.”






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