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Transaction Announcement Reports
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Project: | Yarindury | |
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Deposit: | Yarindury | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 4/27/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 27-4-2020: Alice Queen Ltd. announces an Exploration/Drilling Update report for its Yarindury deposit at the Yarindury project. Drilling results incl. 3m @ 0.02g/t Au, 0.16% Cu from 217m. Advanced gold and copper explorer, Alice Queen Limited (ASX:AQX) (A | |
Resources: | x | |
CP/QP: | [Overall Report]: Jeff Vassallo (Internal) | |
ABSTRACT: | Advanced gold and copper explorer, Alice Queen Limited (ASX:AQX) (Alice Queen or the Company), is pleased to announce further results of its recently completed reconnaissance mud rotary-diamond drilling program on its highly prospective Yarindury Project (EL8646) in New South Wales. EL8646 covers 125 km2 of Ordovician basement rocks belonging to the Northern Molong Volcanic Belt which hosts Alkane’s Boda prospect (1167m @ 0.55 g/t Au, 0.25% Cu1). Andrew Buxton, Alice Queen’s Managing Director said, “We have been approaching the Northern Molong Belt systematically over the past four years, acquiring ground, generating targets and now testing these targets. We are most excited to have indcators of a potential porphyry system from the last three holes at Woodlands. We are currently in the proecess preparing new targets for further testing within the Woodlands prospect. Furthermore the Northern Molong Belt is continuing to demonstrate its fertility, in particular Yarindury is proving to be a target rich environment with many more target areas still remaining to be tested.” | |
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