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Accelerate Resources Ltd.
Summary
| Project: | Mount Read | |
|---|---|---|
| Deposit: | Mount Read | |
| Location: | Australia | |
| Commodities: | Cobalt-Copper | |
| Date: | 7/11/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-7-2018: Accelerate Resources Ltd. announces an Exploration/Drilling Update report for its Mount Read deposit at the Mount Read project. Drilling results incl. 3.0m @ 0.23% Co, 0.09% Cu from 153m . Accelerate Resources Limited (“Accelerate” or “the Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Rust (Internal) | |
| ABSTRACT: | Accelerate Resources Limited (“Accelerate” or “the Company”) is pleased to announce the discovery of significant cobalt mineralisation in diamond drill hole TCDD001, at the Thomas Creek copper-cobalt-gold prospect, where earlier surface sampling by the Company has returned results including, 3,300ppm Co, 1.52% Cu from and 0.59 g/t Au from saprolitic bedrock, beneath peaty soil cover (see ASX announcement 14th February 2018) The drilling results include 1m at 0.33% cobalt which is hosted by semi-massive pyrite veins within a zone of coarsely disseminated pyrite, associated with hydrothermal breccias. The cobalt-pyrite mineralised veins include; | |
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