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Alliance Resources Ltd.
Summary
| Project: | Wilcherry | |
|---|---|---|
| Deposit: | Weednanna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/8/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-7-2019: Alliance Resources Ltd. announces an Exploration/Drilling Update report for its Weednanna deposit at the Wilcherry project. Drilling results incl. 7m @ 16.6g/t Au from 89m. Alliance Resources Ltd (Alliance) is pleased to announce the results of | |
| Resources: | (Resource, I+I): 1.097Mt @ 5.1g/t Au for 181Koz Au contained | |
| CP/QP: | [Overall Report]: Anthony Gray, Stephen Johnston (Internal) | |
| ABSTRACT: | Alliance Resources Ltd (Alliance) is pleased to announce the results of the latest phase of RC drilling completed at the Weednanna Gold Deposit, 40 km north of Kimba on the Eyre Peninsula, South Australia. During April and May 38 RC holes, for 5,744 metres, were drilled at the Weednanna Deposit to test for extensions of gold mineralisation at Shoots 3, 4, 5/5E, 9/11, 7 and test geophysical targets. Drill collar plans and cross-sections may be found in Figures 2 to 9 and intersections >1 g/t gold are detailed in Table A. The results from this drilling program have continued to grow the size of the Weednanna Deposit outside of the Maiden Mineral Resource area. Results are based on 1m samples for Au using 40g charge fire assay with AAS finish. The high-grade gold results have been validated by acceptable comparison with 4m composite scoop samples collected prior to 1m sampling. | |
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