British Geological Survey Reports Antimony Top of Current Supply Risk Index and Adroit Installs Innov-X XRF System in Italy
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/26/11 -- Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V). British Geological Survey (BGS) Report. On September 12, 2011, BGS issued its Risk List 2011 giving a relative risk listing of 52 chemical elements or element groups needed to maintain our economy and life style. Only four are listed in the very high risk group; Antimony, PGEs, Mercury and Tungsten. This report can be seen on www.mineralsuk.com and will be posted on the Company's website.
NEW PROPOSAL : INNOV-X XRF SYSTEM. Management is pleased to report that an Olympus Innov-X XRF Delta Premium system has been installed in the Grosseto office, and a sampling and QA/QC protocol is being set-up for the analysis of rock and soil samples taken during the past few months (828 samples taken from the Poggio Pietricci, Faggio Scritto, I Salaioli and Poggio Monticchio Antimony properties). This will allow for the rapid analysis of these samples and eventually for the selection of relevant batches that will be sent for more appropriate laboratory analyses. The soil sampling programme is still ongoing in the Poggio Monticchio and I Salaioli properties.
An Induced Polarisation (IP) survey is being planned to follow-up on the soil sampling programme in the Poggio Monticchio and I Salaioli properties. Both geophysical and geochemical work is aimed at testing the extension of the historically-known mineralisation in these properties. In addition, in-fill soil sampling will be carried out at I Monti and an IP-survey is also planned at Poggio Fogari.
Exploration and resource evaluation, carried out prior to the mine closures, indicated the presence of considerable historic antimony resources in the district and, more particularly, within the Company's permits. Based on its work carried out in the 1980s, SAMIM, an Italian company mining several antimony deposits in the area at the time, estimated the presence of over 2.8Mt of ore grading 0.77% Antimony (Sb), yielding over 21,000t of antimony metal, including a higher-grade zone of about 465,000t grading 1.58% Sb on the Faggio Scritto prospect, astrid the Poggio Pietricci and Fagio tenements. The mineralization, which was never mined, occurs near surface, and remains open in several directions (See News Releases of June 13, 2007 and February 4, 2008). It occurs in close proximity to the former Macchia Casella mine which reportedly produced over 1,100 tons of Sb metal from high-grade ore (greater than 10%) between 1939 and 1953. Historical workings carried out on the Company's other antimony prospects estimated resources of 25,000t grading 1.3% Sb at Poggio Monticchio and 31,500 tonnes at 1.5% antimony on the I Salaioli prospect. These deposits remain open in several directions.
The above historical resource estimates and data are non-conformable with National Instrument 43-101, 'Standards of Disclosure for Mineral Deposits'. These historical reports have not yet been independently verified by the Company and the Company is not relying upon them and is not treating the historic resource as a current resource. The historical data is currently being reviewed and assessed in the light of the recent discovery of new historical documents.
The antimony mineralisation occurs in close spatial and genetic relation with the gold mineralization, recognized in the area (see, amongst others, News Release of 22 December 2006). Both occur preferentially in Mesozoic carbonate-evaporitic formations, are associated with regional structural features and are related to recent igneous activity. The idealized prototype of a southern Tuscan antimony deposit can be described as an irregular mineralization situated in the upper part of a highly porous limestone unit, usually the Calcare Cavernoso ('vuggy limestone'), overlain by an impermeable unit, normally a flysch-type rock. The deposits are bound to the edge of horst positions and also to areas of elevated geothermal gradient and resulting hydrothermal activity.
Antimony has many diversified and indispensable uses for both commercial and military applications. Antimony prices recently soared as global demand surges and output considerably declined as Hunan province, China's largest producing region, curbs output to comply with central government restrictions. China reportedly contributes around 90 percent of world output.
Mr. Franceschi, a Qualified Person under the guidelines of National Instrument 43-101, has reviewed and approved the geological information contained in this news release.
Change of QP for Italy. Dr. Mehmet Taner, Eng., Ph.D. will be the Company's QP for Italy following this news release. Dr. Mehmet Taner completed the Company's NI 43-101 report for the Italian project in 2005 and has carried out subsequent work on Company permits in Italy. Mr. Franceschi and his Consultancy team will continue to be available to the Company.
President's Comments. 'It is of note that Rare Earth Elements are listed below the very high risk group by the BGS. Not only will the Innov-X XRF system speed results, but also save significant assaying costs on an ongoing basis.'
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Antimony and other metals in Central Italy and diamonds, precious and base metals in the Timmins/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. In addition, Adroit is seeking new precious and base metal projects to add to its expanding portfolio. The Company's issued and outstanding share capital is 113,919,192.
On behalf of the Board of Directors
Graeme Rowland
Chairman and President
Note: The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Adroit Resources Inc.
(604) 688-3304
info@adroitresources.ca
www.adroitresources.ca
Blackwell (Corporate Advisor)
(416) 364-3123
blackwell@tcn.net
Pure Investor Relations (German IR-Corporate Advisor)
(0) 89-416-175-772
info@pure-ir.de