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Ardea Resources Ltd.
Summary
| Project: | Mt Zephyr | |
|---|---|---|
| Deposit: | Gale | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-4-2019: Ardea Resources Ltd. announces an Exploration/Drilling Update report for its Gale deposit at the Mt Zephyr project. Drilling results incl. 96.0m @ 0.28g/t Au from 2.0m. Ardea Resources (“Ardea” or “the Company”) is pleased to announce firstpass | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matthew Painter (Internal) | |
| ABSTRACT: | Ardea Resources (“Ardea” or “the Company”) is pleased to announce firstpass drill results from the Gale Prospect in the Mount Zephyr greenstone belt of the Eastern Goldfields, Western Australia. The results show downhole continuity of low-grade gold mineralisation reflecting strong, continuous anomalism. Such intercepts are a rarity from a first pass exploration program and are interpreted as the distal, outlying halo of a significant gold mineralising system. Commenting on the recent exploration at Mount Zephyr, Ardea CEO Andrew Penkethman said: “The initial results from the Gale Prospect are an excellent start to Ardea’s gold exploration in the Mount Zephyr greenstone belt. Such broad, continuous gold intercepts, which are uncommon from a first phase exploration program, are highly encouraging and warrant further drilling in this underexplored part of the Eastern Goldfields.” | |
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