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Anglo Australian Resources NL
Summary
| Project: | Feysville | |
|---|---|---|
| Deposit: | Think Big | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/3/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-10-2017: Anglo Australian Resources NL announces an Exploration/Drilling Update report for its Think Big deposit at the Feysville project. Drilling results incl. 12m @ 7.31g/t Au from 36m. Anglo Australian Resources NL (“Anglo Australian” or the “Compan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Otterman (DW Otterman Exploration Consultant) | |
| ABSTRACT: | Anglo Australian Resources NL (“Anglo Australian” or the “Company”) (ASX: AAR) is pleased to announce excellent results from the Company’s first-round Reverse Circulation (“RC”) drilling campaign at the 1.6+ km long Think Big Prospect, located approximately 20 km to the south of the Super Pit, a part of the Feysville Project. The campaign involved the drilling of 25 holes – 18 at Think Big, 2 at Rogan Josh, 4 at Kamperman, and 1 at Dalray – for an aggregate 2,612 metres. Holes were generally oriented to the northeast to intersect interpreted steeply SW-dipping fabrics mapped in outcrop. A plan view of prospects and RC drill holes completed is set out as follows (black dots denoting drill-hole locations). Significant intersections, incorporating a lower cut-off grade of 0.5g/t gold for mineralised intervals, are set out in the table attached below. Gold assay results reported are for 4-metre composite intervals, except for holes FRC001 to FRC006 where 1-metre results are reported. Sampling at 1-metre intervals for all holes has been completed, with all samples submitted for analysis. Results will be reported when available. The Think Big Prospect was initially located by first-round aircore drilling earlier in 2017 after a detailed ground magnetic survey highlighted the southern continuation of the shear zone corridor hosting the Ethereal prospect (and now referred to as the Ethereal Shear Zone). | |
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