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Celamin Holdings Trenching At Chaketma Continues To Validate Historical Results

Celamin Holdings (ASX: CNL) has received results from trenching at the Chaketma Exploration Permit in Northern Tunisia, which validate historical results.

Resampling of a historical trench at the northern edge of Kef El Louz at Chaketma has returned 10.4 metres at 22% phosphorus, but was unable to test the full width of the unit due to loose scree.

The historical results from the same trench were 12 metres at 22% phosphorus.

Similarities between historical and new results on trenches are increasing confidence that results from previous exploration at Chaketma can be accepted at face value.

This follows a recently completed trenching program at Gassaa Kebira, also at Chaketma, where trenching compared remarkably well with the historical results.

Highlights from the program included:

- 39.6 metres at 22.1% phosphate;
- 20.3 metres at 19.5% phosphate; and
- 18.9 metres at 17.9% phosphate.

Historical results which were validated included; 39 metres at 22.4% phosphate; 27.5 metres at 21.8% phosphate; and 18 metres at 20.8% phosphate.

Celamin and partner Tunisian Mining Services have commenced a program of systematic channel sampling at Kef El Louz and Ouled Hammouda.

The program will initially focus on Kef El Louz where there are good exposures along the northern, eastern and southern margins of the deposit. A 60 metre wide exposure of phosphate at the northwestern edge of Kef El Louz will be sampled in the next week.

Work is also being conducted on a four or five hole drilling program, which aims to identify areas that have large tonnages at relatively low strip with high metallurgical recoveries. Such areas would form the basis of early production for any future mining operation.

Chaketma exploration permit

Chaketma is located 210 kilometres from Tunis by road. The bulk of the phosphate is located at the base of a massive limestone unit close to the top of a high segmented plateau, which rises 600 metres above the valley floor.

A major beneficial factor for the project is the relative simplicity of the geology, the continuity and the amount of exposure of the phosphate unit mean that exploration on this project should be a comparatively straight forward exercise.