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AUSQUEST LIMITED — Capital/Financing Update 2008
Aug 20, 2008
64406_rns_2008-08-20_10cf8c9a-b5cc-44ba-bd12-8abc20700dec.pdf
Capital/Financing Update
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August 21, 2008 ASX Release
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TABLE HILL - DRILLING DETAILS
Further to AusQuest Limited’s (ASX: AQD) ASX release of 20[th] August 2008, a full summary of drill results to date is contained in the table below.
This information should be read in conjunction with the ASX release of 20[th] August 2008.
| Drill- hole |
Easting | Northing | Inclination | Depth From |
Depth To |
Result |
|---|---|---|---|---|---|---|
| THD01 | 340154 | 7367674 | vertical | 286.8m | 290.7m | 3.9m @ 47.5%Mn (clay 28m) |
| THD04 | 340653 | 7368377 | vertical | Clay alteration(6m) | ||
| THD05 | 340786 | 7369310 | vertical | Clay alteration(32m) | ||
| THD06 | 339858 | 7367657 | vertical | Clay alteration(30m) | ||
| THD07 | 339863 | 7367666 | 70 degrees east |
326.1m | 327.4m | 1.3m @ 47.7%Mn (clay 30m) |
| THD08 | 340828 | 7367809 | vertical | Barren(east edge) | ||
| THD09 | 340176 | 7367683 | 70 degrees east |
Barren (faulted) | ||
| THD010 | 339948 | 7367407 | vertical | 325.6m | 330.1m | 4.5m @ 13.3%Mn (clay 44m) |
| THD011 | 339805 | 7368492 | vertical | Barren | ||
| THD012 | 339954 | 7367417 | 70 degrees west |
Clay alteration (3m) | ||
| THD013 | 339958 | 7367401 | 70 degrees east |
Clay alteration (42m) |
Drill-holes THD01, THD06 to THD010, and THD012 and 013 were exploration drill-holes positioned along two sections at the southern end of the MN1 manganese prospect.
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Graeme Drew Managing Director
COMPETENT PERSON’S STATEMENT
The details contained in this report that pertain to exploration results are based upon information compiled by Mr Graeme Drew, a full-time employee of AusQuest Limited. Mr Drew is a Fellow of the Australasian Institute of Mining and Metallurgy (AUSIMM) and has sufficient experience in the activity which he is undertaking to qualify as a Competent Person as defined in the December 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr Drew consents to the inclusion in the report of the matters based upon his information in the form and context in which it appears.
AusQuest Limited 6 Kearns Crescent Ardross WA 6153 (T): 08 9364 3866 (F): 08 9364 4892 www.ausquest.com.au