For thousands of other reports visit RSC's Mineral Intellingence Map
ABM Resources NL
Summary
| Project: | Bluebush Gold | |
|---|---|---|
| Deposit: | Capstan | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/21/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-11-2017: ABM Resources NL announces an Exploration/Drilling Update report for its Capstan deposit at the Bluebush Gold project. Drilling results incl. 21m @ 139ppb Au from 15m. ABM Resources (‘ABM’ or the ‘Company’) is pleased to advise that significan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matt Briggs (Internal) | |
| ABSTRACT: | ABM Resources (‘ABM’ or the ‘Company’) is pleased to advise that significant new gold zones at Capstan have been identified at the Company’s 100% owned 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 northeast of the world class Callie deposit. An 8km long gold anomaly has been identified in a recent aircore drilling program that was designed to test anomalous geochemical and structural targets and collect reconnaissance data to screen for new large scale 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. Managing Director Matt Briggs said “Capstan aircore drilling has confirmed large scale gold anomalism beneath arsenic anomalism previously defined in soil sampling. It is encouraging to get these intersections in the first systematic bedrock testing of the area.” “The aim of this program is to systematically screen the portfolio with bedrock aircore, and in parallel infill and RC drill the highest ranked targets. As demonstrated by the recent discovery of the Seuss Fault and this large scale gold anomaly at Capstan, post, vacuum and shallow RAB holes historically drilled have not effectively screened the project area. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report