For thousands of other reports visit RSC's Mineral Intellingence Map
AuStar Gold Ltd.
Summary
| Project: | Rose of Denmark | |
|---|---|---|
| Deposit: | Rose of Denmark | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/20/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-6-2018: AuStar Gold Ltd. announces an Exploration/Drilling Update report for its Rose of Denmark deposit at the Rose of Denmark project. Drilling results incl. 2.7m @ 18.0g/t Au from 6.60m. AuStar Gold Limited (ASX: AUL) (‘AuStar Gold’ or ‘the Company’ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter de Vries (Independent) | |
| ABSTRACT: | AuStar Gold Limited (ASX: AUL) (‘AuStar Gold’ or ‘the Company’) provides the following update in relation to its recent drilling program at the Rose of Denmark gold mine CEO Mr Tom De Vries said: “These high gold grade results validate our geological model. The ongoing success of this drilling program also importantly provides us with increasing confidence in its ability to identify a number of high grade gold zones from this mine. “The success of ROD018 in identifying broad mineralisation within the Bulge area also gives us further potential for identifying bulk minable tonnages within the current Mining Licence. This is consistent with our broader strategy to develop multiple feed sources within our extensive tenement holdings in the Walhalla to Woods Point gold district.” Drilling Results As the program has progressed toward the entrance to the Rose of Denmark adit, the drilling continues to point toward assays showing significant grades, but across shorter intervals. This is consistent with expectations and what is seen in the historical workings. Other holes drilled showed some gold anomalism throughout. An exploratory diamond drill hole (ROD018) was completed through the Rose of Denmark Dyke Bulge area to test for the potential for broad zones of moderate to high grade mineralisation that may be economic to bulk mine. | |
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