IBC Advanced Alloys (IBC) has announced the receipt of the progress report from the 2011 exploration conducted at its properties in Utah.
Drilling of 35 reverse circulation (RC) holes, with spacing of 100 m, was included in the exploration program. This program was conducted at IBC’s 371 claims that are close to Spor Mountain beryllium mine of Materion. Currently, field employees have completed the logging and processing of the samples of over 100 t obtained from the drill functions. Quantitative beryllium analysis and geochemical analysis of around 5,000 samples will be done by ALS-Minerals. These samples were obtained from the 2011 exploration program.
The company has submitted over 750 samples from four drill holes in the laboratory for testing and is expecting the initial results shortly. IBC is expecting the completion of the drill sample processing and obtain the analysis of all the samples at the end of May 2012. Microscopic analysis of drill cuttings has demonstrated the finding of Bell Hill Dolomite and more of lavender-coloured fluorite, which is related with the mineralized beryllium in this region, from many drill holes.
According to Lee Rice, IBC’s VP of Exploration commented that the company is grateful to the Layne Christensen Company equipment and drillers, the drilling program was conducted efficiently and obtained excellent sample recovery. The preliminary testing of the drilling samples has shown that the company has analyzed all the rocks in these depositional surroundings.
Source: http://www.ibcadvancedalloys.com/