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Anglo Australian Resources NL
Summary
| Project: | Feysville | |
|---|---|---|
| Deposit: | Think Big | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-11-2017: Anglo Australian Resources NL announces an Exploration/Drilling Update report for its Think Big deposit at the Feysville project. Re-released data with 1m assays - Drilling results incl. 12m @ 7.31g/t Au from 36m. Anglo Australian Resources NL | |
| 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 update the market in relation to exploration at its Feysville Gold Project, located approximately 14 kilometres to the south of, and along strike from, the Super Pit, Kalgoorlie, Western Australia. On 3 October 2017, the Company released to the ASX the results of its first-round Reverse Circulation (“RC”) drilling program at the Think Big Prospect undertaken during September 2017. The results released in that announcement were, for the most part, based on four-metres assay splits. The Company is now in receipt of the majority of results from the one-metre assay splits. Significant intersections, incorporating a lower cut-off grade of 0.5 g/t Au for mineralised intervals, are set out in Appendix 1. Results generally correlated well with the four-metre splits provided previously. For instance, the high-grade supergene zone in RC hole FRC015 assayed 12 metres at 7.31 g/t Au from the four-metre splits1 and a similar 10 metres at 8.20 g/t from the one-metre splits. However, in some cases, the increased accuracy also provides valuable additional information. FRC016 is a case in point. Based on the four-metre assay splits, this hole, the deepest drilled thus far by the Company at Think Big, returned 56 metres at 1.0 g/t Au from 128 metres, and ended in mineralisation at 1.42 g/t Au at 184 metres1 . | |
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