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Avalon Minerals Ltd.
Summary
| Project: | Tammela | |
|---|---|---|
| Deposit: | Satulinmaki | |
| Location: | Finland | |
| Commodities: | Gold | |
| Date: | 9/22/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-9-2016: Avalon Minerals Ltd. announces an Exploration/Drilling Update report for its Satulinmaki deposit at the Tammela project. JV with Nortec Minerals - drilling results incl. 1.0m @ 15.15g/t Au from 57m. Avalon Minerals Ltd (ASX: AVI) (‘Avalon’) is | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dr. Bruce Rohrlach (Internal) | |
| ABSTRACT: | Avalon Minerals Ltd (ASX: AVI) (‘Avalon’) is pleased to report assay results from the first diamond drill hole at the Satulinmäki gold prospect in southern Finland. The intervals are within 50m of the surface and correlate with results from nearby historical drill holes, to define a series of steeply dipping gold zones. Drill hole SMDD002 has been drilled underneath these zones (see cross section below) and has intersected wide intervals of alteration and quartz veining with varying amounts of sulphide minerals. Assay results from SMDD002 are expected within the next week. A total of six drill holes have now been completed at Satulinmäki, and a 7th is in progress. Assay results from these additional six holes are expected to be available to report in the weeks ahead. Those drill holes have tested several interpreted north-east trending subparallel gold bearing vein systems, along a strike extent of 250m and a vertical extent of 150m. The vein systems are open at depth and along strike. The diagrams below show the location of the drill holes, and a cross section showing SMDD001 and SMDD002, with current gold assay results, and zones of alteration and sulphides. | |
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