For thousands of other reports visit RSC's Mineral Intellingence Map
ABM Resources NL
Summary
| Project: | Suplejack | |
|---|---|---|
| Deposit: | Suplejack | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/7/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-12-2016: ABM Resources NL announces an Exploration/Drilling Update report for its Suplejack deposit at the Suplejack project. Drilling results incl. 13m @ 5.6g/t Au from 221m. ABM Resources NL (“ABM” or the “Company”) is pleased to advise exploration RC | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Matt Briggs (Internal) | |
| ABSTRACT: | ABM Resources NL (“ABM” or the “Company”) is pleased to advise exploration RC and diamond drilling on the 100% owned Suplejack Project has successfully intersected the structures targeted and confirmed the recently discovered Suess Breccia. A total of 7 holes for 1,906 metres of drilling has confirmed the recently discovered Suess Breccia and observations from diamond core aid the understanding of the shoot controls. The data has resulted in the identification of other structures with similar characteristics to those seen in the southern part of the Suplejack Project. Additionally the data will contribute to the update of the Hyperion-Tethys Mineral Resource in the first quarter of 2017. The Hyperion-Tethys Prospect is situated within the emerging camp-scale Suplejack Project on exploration license EL9250 (Figure 1). RC drilling carried out in June 2016 demonstrated that gold mineralisation extends along the east-west striking Hyperion-Tethys structure for at least 1,300 metres (ASX 18 July 2016). Drilling has confirmed gold mineralisation exhibiting both, strong grades and widths, and potential exists to extend the current resource of 3.0Mt at 2.11 g/t gold for 202,200oz (Appendix 1). The Hyperion-Tethys Prospect was previously drilled to less than an average 80 metres below surface, which has now been extended to depth up to 220 metres below surface. The most recent drilling program, completed in November 2016, has allowed ABM geologists to collect detailed high quality data from diamond core. This confirmed the interpretation of the recently discovered Suess Breccia as a north south-striking structure and aided the understanding of the controls on the shoots on the Hyperion-Tethys Structure. | |
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