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BHP Billiton Plc
Summary
| Project: | Oak Dam | |
|---|---|---|
| Deposit: | Oak Dam | |
| Location: | Australia | |
| Commodities: | Copper-Gold-Uranium-Silver | |
| Date: | 10/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-10-2019: BHP Billiton Plc announces an Exploration/Drilling Update report for its Oak Dam deposit at the Oak Dam project. Drilling results incl. 230m @ 1.79% Cu, 0.52g/t Au, 308ppm U, 6.7g/t Ag from 1071m. BHP Chief Executive Officer, Andrew Mackenzie, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kathy Ehrig (Internal) | |
| ABSTRACT: | BHP Chief Executive Officer, Andrew Mackenzie, said: “We delivered a solid start to the 2020 financial year through ongoing strong operational performance across our portfolio. While Group production for the quarter decreased slightly due to the expected impacts of planned maintenance and natural field decline in Petroleum, guidance remains unchanged and we are on track to deliver slightly higher volumes than last financial year. The South Flank iron ore project is 50 per cent complete, with all our major projects on schedule and budget. We achieved further encouraging exploration results in Petroleum and at the Oak Dam copper prospect.” Between February and June 2019, a 10 diamond hole follow-up drilling program totalling 12,441 metres was completed at Oak Dam, located 65 kilometres to the south east of BHP’s operations at Olympic Dam in South Australia (Figure 1). Figure 2 describes the location of the new drilling and Figure 3 shows the new drilling on cross sections. Laboratory assay results confirm further high-grade mineralised intercepts of copper with associated gold, uranium and silver, as per the table below, with further detail included within this appendix. | |
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