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Spitfire increases East Pilbara land holding

Australian exploration company, Spitfire Resources has moved to secure a substantial portfolio of new exploration tenure near its South Woodie Woodie Manganese Project, more than doubling its existing land holdings in the prospective East Pilbara region of Western Australia.Spitfire has lodged applications for four strategic tenements, covering a total area of 899sqkm, located approximately 13km southeast of the South Woodie Woodie Project.Some of the new ground package abuts tenements managed by Consolidated Minerals, which was recently acquired by Ukrainian group Palmary Enterprises.Spitfire said the ground was selected after interpretive geological work had been completed, which illustrated that the area to the southeast of South Woodie Woodie contains strike extensions of a potential corridor of manganese host rocks.Until now, the applied for area has been subjected to very little modern exploration, partly due to transported sands obscuring some of the geology. Spitfire has begun to investigate the use of geophysics as a means to identify the extent of these units and their potential to host manganese mineralisation.Spitfire’s existing South Woodie Woodie Project comprises three granted Exploration Licences covering an area of approximately 490sqkm.Spitfire said it plans to drill its first targets at South Woodie Woodie at the beginning of this field season and will also undertake an expanded regional mapping program to deliver a pipeline of targets for further drilling.

9 Sunday March 2008  5:28:19

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