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ABM Resources NL
Summary
| Project: | Bluebush | |
|---|---|---|
| Deposit: | Bluebush | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/14/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-12-2017: ABM Resources NL announces an Exploration/Drilling Update report for its Bluebush deposit at the Bluebush project. Drilling results incl. 3m @ 99ppb Au from 21m. ABM Resources (‘ABM’ or the ‘Company’) is pleased to announce additional aircore | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matt Briggs (Internal) | |
| ABSTRACT: | ABM Resources (‘ABM’ or the ‘Company’) is pleased to announce additional aircore results from the Bluebush Gold Project located in the Tanami Goldfields of the Northern Territory. The Bluebush Project, covering Capstan, Wild Turkey, Indefatigable and Hornblower, is located 50km to the northwest of the world class Callie deposit. The 64 hole aircore drilling program was designed to test anomalous geochemical and structural targets and collect reconnaissance data to screen for new large scale anomalies. The first results from within this campaign of drilling have already outlined 8 kilometres of gold anomalism at Capstan (ASX 21 November 2017). Assay results from drilling at Wild Turkey, Indefatigable and Hornblower are now reported. The results confirm the presence of quartz veining and alteration, with gold mineralisation in oxide and bedrock beneath large scale soil arsenic anomalies. In this style of mineralisation intersections of >100 ppb arsenic or >50 ppb gold typically define the extents of the systems. Intersections of >200 ppb gold often indicate a mineralised structure has been intersected or is nearby. | |
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