Ord River Resources (ASX: ORD) has reported that work at the Yuqida tenement, part of its Laos feasibility study, is progressing with various tasks now completed.
Ord River is targeting an extensive good quality bauxite resource on the Bolaven Plateau in southern Laos over an aggregate area of 487 km2 and is on track to complete the Feasibility Study by mid‐2011.
Project contractor Sinomine Resource Exploration Co., Ltd. completed the following work in March:
At Yuqida:
- Submitted the design of additional project.
- 7 drilling machine sets reached the site.
- 38 staff reached in the site.
- 287km2 remote sensing have been done.
- 4 base points have been done.
- 48km exploration line building for ore bodies.
- 48km road rebuild for ore bodies.
- Finish traverse survey 46.5km.
- 368 holes position surveyed.
- 2,464.7m were drilled.
- 2,464.7m were logged.
- 10 sample for density.
- 15 pegs burying of exploration line.
- 730 sample were taken.
- coefficient of permeability 10 test.
At LSI:
- 1,331 sample assayed.
- 66km2 oryctognosy surveyed.
- 10 samples tested for density.
- coefficient of permeability 10 tested.
The feasibility study commenced on 1 March 2010. Ord maintains 49% interest in the JV with Sino Australian Resources (Laos) Co., Ltd (SARCO) until the end of the feasibility study.
Ord River is bullish that SARCO will develop the project into a world class alumina refinery.