For thousands of other reports visit RSC's Mineral Intellingence Map
Ardea Resources Ltd.
Summary
| Project: | KNP | |
|---|---|---|
| Deposit: | Goongarrie | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/25/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-6-2020: Ardea Resources Ltd. announces an Exploration/Drilling Update report for its Goongarrie deposit at the KNP project. Drilling results incl. 5m @ 3.91g/t Au from 42m. First-pass 320 m x 80 m regional aircore drilling on a previously untested stru | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Matthew Painter (Internal) | |
| ABSTRACT: | First-pass 320 m x 80 m regional aircore drilling on a previously untested structural target identified by Ardea has intercepted prospective gold anomalism within deeply weathered saprolitic clays underlying typically 30 m to 40 m of transported lake sediments. Sampling was undertaken using 6 m composites (depending on geology), with confirmatory resampling using a 0.5g/t Au cut-off grade at 1 m intervals presently underway. The significant intercepts that are being resampled are located in the Goongarrie South area on Ardea’s GNCP tenure. Ardea’s Managing Director, Andrew Penkethman, said: “Ardea has a large, strategic and highly prospective tenement package in the Eastern Goldfields world-class nickel-gold province of Western Australia. The current focus is on our Kalgoorlie Nickel Project tenements that have historically been explored for near surface nickel-cobalt mineralisation but have received minimal exploration for gold. With known major gold controlling structures passing through Ardea’s tenements, the Exploration Team have been asked to increase their focus on gold exploration to help define the full potential of Ardea’s projects. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report