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Project: | Rose of Denmark | |
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Deposit: | Rose of Denmark | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 6/28/2019 | |
Report Code: | JORC | |
Report Type: | Resource Estimation | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 28-6-2019: AuStar Gold Ltd. announces a Resource Estimation report for its Rose of Denmark deposit at the Rose of Denmark project. Initial mineral resource plus exploration target. Austar Gold Limited (ASX: AUL) has completed the initial maiden Inferred M | |
Resources: | (Resource, Inf.): 40,249t @ 6.00ppm Au for 7,763oz Au contained | |
CP/QP: | [Resources]: Stuart Hutchin (Mining One Pty Ltd.) | |
ABSTRACT: | Austar Gold Limited (ASX: AUL) has completed the initial maiden Inferred Mineral Resource estimates for the Rose of Denmark mine. Initial resource calculations have been restricted to a nominal depth of 30 metres below and 20m above the existing level of the main adit within the main sheeted dyke structure and to a greater distance within the dyke bulge. Based on the data and analysis supporting the Inferred Mineral Resource estimations the Company has also been able to define an Exploration Target for the Rose of Denmark project. The Exploration Target for the Rose of Denmark has been estimated to a nominal depth of 300 metres below the level of the main adit and is estimated to be in the range of 100,000 to 200,000 tonnes at a grade of between 5 – 8 g/t Au for approximately 16,000 to 51,000 ounces of contained gold. | |
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