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Alliance Resources Ltd.
Summary
| Project: | Wilcherry | |
|---|---|---|
| Deposit: | Weednanna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/4/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-4-2018: Alliance Resources Ltd. announces an Exploration/Drilling Update report for its Weednanna deposit at the Wilcherry project. Drilling results incl. 12m @ 10.18g/t Au from 92m. The Board of Alliance Resources Ltd (Alliance) is pleased to announce | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Stephen Johnston (Internal) | |
| ABSTRACT: | The Board of Alliance Resources Ltd (Alliance) is pleased to announce provisional results for the fourth round of reverse circulation (RC) drilling at the Weednanna gold prospect, which forms part of the Wilcherry Project Joint Venture between Alliance (67.35%) and Tyranna Resources Ltd (ASX Code: TYX) (32.65%). The RC drilling program, completed in March, was designed to define the geometry of Target 4 with 19 holes testing Target 4 and 3 initial holes testing the new Target 5. A total of 22 RC holes were drilled for 3,138 metres (18WDRC001-022). Preliminary results have been received for 17 holes. Of these, 14 holes reported intercepts >1 g/t Au, with 3 holes returning >50 g/t-m Au. Intercepts >1 g/t gold are detailed in Table A and drill collar plans and crosssections may be found in Figures 1 to 6. Managing Director, Steve Johnston, commented: “These latest results from drilling at Targets 4 and 5 indicate very robust gold intercepts and reinforces our view of Weednanna as a growing high grade gold system that we are continuing to progress successfully with each round of drilling.” | |
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