For thousands of other reports visit RSC's Mineral Intellingence Map
Ausgold Ltd.
Summary
| Project: | Katanning | |
|---|---|---|
| Deposit: | Jackson | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/28/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-5-2018: Ausgold Ltd. announces an Exploration/Drilling Update report for its Jackson deposit at the Katanning project. Drilling results incl. 2m @ 6.07g/t Au from 54m. Ausgold Limited (ASX: AUC) (“Ausgold” or “the Company”) is pleased to announce t | |
| Resources: | (Resource, Total): 20.9Mt @ 1.17g/t Au for 785Koz at Katanning | |
| CP/QP: | [Overall Report]: Matthew Greentree (Internal) | |
| ABSTRACT: | Ausgold Limited (ASX: AUC) (“Ausgold” or “the Company”) is pleased to announce the results of recent reverse circulation drilling (RC) at the Jackson, Olympia and Devil’s Elbow prospects within its 100%‐owned Katanning Gold Project (KGP) in Western Australia’s south‐west. The 24 RC holes drilled for 2,867m at Jackson, Olympia and Devil’s Elbow were designed to test mineralisation along the northern extensions of the White Dam and Jinkas trends (Figure 1). Previous drilling has shown both trends to be laterally extensive with recent drilling targeting mineralisation along 3.4 km of previously untested strike extent (Figures 1 and 2). The Jinkas and White Dam Resources comprise the majority of the total KGP Mineral Resource, which stands at 20.98 million tonnes grading 1.17 g/t Au for 785,000 ounces of gold (Table 3). The Jackson Resource is the most northern extent of White Dam mineralisation. The recent drilling is likely to provide geological confidence to better delineate mineralisation over this considerable strike length. Thirteen RC holes for 1,494 m were drilled at Jackson targeting mineralisation along strike as well as down dip of the current resource area. The recent drilling was conducted at a wide spacing (80m x 120m and 100m x 140m) to determine the extent of mineralisation over 1km of strike. | |
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