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Additional Information

Market:	ASX
Sector:	General Mining
EPIC:	BAU
Latest Price:	0.14 (3.70% )
52-week High:	0.30
52-week Low:	0.12
Market Cap:	32.95M

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Bauxite Resources

Bauxite Resources (ASX: BAU) aims to define sufficient bauxite mineralisation to support two main projects in the south west of Western Australia; a 2 million tonnes per annum mining operation in the Northern area, including Direct Shipping Ore (DSO) material, and broad scale investigation to establish ore reserves for an alumina refinery.

High grade bauxite found at Bauxite Resource's Darling Range project

Tuesday, January 20, 2009 by Proactive Investors

Bauxite Resources (ASX:BAU) has announced the results of recent drilling activities at its North and South Darling Ranges Bauxite Projects in Western Australia.

Assays have returned excellent grades and widths of mineralisation from the first 113 holes, providing further support for the Company’s objective of developing a high‐grade Direct Shipping Ore (DSO) bauxite export business later this year.

Drilling in the Brunswick Junction region confirmed continuity of high‐grade mineralisation including intersections including: 5m at 34.8% Available Al2O3, 2.6% Reactive SiO2 and 4m at 35.2% Available Al2O3, 2.8% Reactive SiO2. Regional scout drilling at the Shenton Ridge and Martin Road prospects delineated targets for systematic pattern drilling. Better intersections included: 3m at 30.7% Available Al2O3, 2.7% Reactive SiO2; and 3m at 33.3% Available Al2O3, 4.2% Reactive SiO2. Drilling in the Bindoon region intersects thick blankets of bauxite mineralisation including: 6m at 31.6% Available Al2O3, 2.7% Reactive SiO2; and 5m at 34.6% Available Al2O3, 3.0% Reactive SiO2.

Together these areas underlie part of BRL’s extensive 11,000km² tenement holdings in the Darling Ranges, located east of Perth in Western Australia. The objective of the drilling programme in the Brunswick Junction and Bindoon regions is to confirm historical drill results, determine the significance of mineralisation present and obtain samples for mineralogical characteristics studies.

Bauxite Resource's Managing Director, Mr Daniel Tenardi, said: “If you take into account the recent signing of MOU’s with Chinese interests and our recently announced 18.2Mt Inferred Resource, we are now clearly gathering significant momentum towards our goal of becoming a bauxite producer this year, with these drilling results giving us a strong platform on which to define further high‐grade resources.”

“We are now entering a critical time in our short history and the next few months will be very active in terms of ramping up feasibility studies, increasing knowledge of the resource base and securing infrastructure arrangements that are crucial to getting the project up and running this year,” he added.

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