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ABM Resources NL
Summary
| Project: | Suplejack | |
|---|---|---|
| Deposit: | Suplejack | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/15/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-1-2018: ABM Resources NL announces an Exploration/Drilling Update report for its Suplejack deposit at the Suplejack project. Drilling results incl. 13m @ 7.3g/t Au from 105m. ABM Resources (”ABM” or “Company”) is pleased to provide an update on activit | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Matt Briggs (Internal) | |
| ABSTRACT: | ABM Resources (”ABM” or “Company”) is pleased to provide an update on activities at the Suplejack Project in the Tanami Region of the Northern Territory. ABM’s Managing Director, Matt Briggs, said: “Last years work at Suplejack focussed on building an understanding of the controls on mineralisation and to target high grade. The last two RC programs at the Seuss, Hyperion and Tethys Prospects demonstrate ABM’s geologists can target higher grade and have grown the strike length of known mineralisation to over 2.4km.” “The gold camp at Suplejack extends over 75 kilometres from Groundrush (NST) in the South to Crusade (NST) in the North (Figure 1). ABM is expanding its activities in 2018 to apply what we have learnt to the larger project area while continuing to grow the mineralisation drilled at Hyperion, Tethys and Seuss.” “The program will cover tenements ABM acquired in late 2014. Analysis of the data has identified multiple high priority target area adjacent to the Suplejack Fault and the Old 8 Mile Fault warranting aircore drilling. Additionally Ord River previously declared JORC 2004 Resources at Tregony which are being assessed for reporting at JORC 2012 standard.” ‘Results are now finalised for the RC program drilled in November. In addition to the shallow high grade results of 13m @ 7.3g/t gold, 4m @ 26.6g/t and 2.5m @ 11.7g/t gold (ASX Announcement 19 December 2017), the latest results of 15m @ 1.1g/t and 9m @ 1.0g/t gold have increased the strike length of mineralisation on Hyperion South to over 600m. The broad intervals demonstrate the structure continues and is open to the East. | |
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