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Aphrodite Gold Ltd.
Summary
| Project: | Aphrodite | |
|---|---|---|
| Deposit: | Aphrodite | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/22/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 22-12-2016: Aphrodite Gold Ltd. announces an Exploration/Drilling Update report for its Aphrodite deposit at the Aphrodite project. Drilling results incl. 22m @ 4.68g/t Au from 127m. Aphrodite Gold Limited (“Aphrodite” or “the company”) wishes to provide | |
| Resources: | (Resource, I+I): 28.7Mt @ 1.52g/t Au for 1.4Moz Au contained | |
| CP/QP: | [Overall Report]: Eduard Eshuys (Not stated) | |
| ABSTRACT: | Aphrodite Gold Limited (“Aphrodite” or “the company”) wishes to provide a further update to their Pre-feasibility drill program, previously reported on 29th November 2016. The board and management are greatly encouraged by the results to date. The drill program is now complete. All drill holes achieved core recovery > 95% thus providing reliable samples for assay and metallurgical testwork with particular emphasis on the oxide and transition zones of mineralisation. Previous metallurgical testwork indicated that acceptable metallurgical recoveries could be achieved by conventional CIL/CIP processing of the oxide/transition zone mineralisation. The resource drilling program has been completed and all assays results returned. The focus of the program was on the oxide and transition zones within the modelled resource and February 2016 Entech optimised open pit. Some drill holes were extended into the gold bearing primary sulphide mineralisation to provide confirmation of earlier reverse circulation drilling results and additional drilling density. These are the final results in addition to results previously reported on 29th November 2016 | |
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