ASX-listed West African explorer, Tawana Resources, plans to commence RC drilling at the Liberia-based Mofe Creek project during January 2013 after it was granted a mineral exploration license by the Ministry of Lands, Mines and Energy late last year.Approximately 2500m of RC drilling is planned over the Koehnko and Gofolo targets as a reconnaissance programme to test depth extent and continuity of mineralisation. A total of 20 holes have been planned withhole depths varying from 60 to 150mdependent on results encountered. Access has been completed on the Koehnko target and the drill contractor is currently mobilising a rig in country. The Mofe Creek project is located within one of Liberia’s historic premier iron ore mining districts. The project is 10km along strike from the abandoned Bomi Hills iron ore mine. Historic production at Bomi Hills is estimated by the Government of Liberia at about 50 Mt of high-grade magnetite lump in addition to high-grades inter feed beneficiated from friable iron formation.
Reconnaissance rock-chip sampling and hand auger drilling on the project has confirmed the presence of DSO magnetite, hematite and friable iron formation.The project is well positioned for possible future infrastructure scenarios: road or rail to the Monrovia deep sea port or road to coast and trans-shipment via barge to deeper water for onward shipment. The company plans to drill the Koehnko target first, where over 5km strike length of friable iron formation at average 42% iron and low contaminants has been defined over 100m to 400m widths. Approximately 1800m of RC drilling is planned at Koehnko in 14 holes. An additional six holes for 700m of RC drilling is planned over the Gofolo target where outcropping coarse grained +45% iron formation has been mapped and sample dover a 3km strike length.