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Barra Resources Ltd.
Summary
| Project: | Burbanks | |
|---|---|---|
| Deposit: | Burbanks | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-12-2019: Barra Resources Ltd. announces an Exploration/Drilling Update report for its Burbanks deposit at the Burbanks project. Drilling results incl. 3m @ 24.69g/t Au from 167m. In line with its gold strategy, Barra Resources Limited (Barra, the Compa | |
| Resources: | (Resource, I+I): 1235Kt @ 3.7g/t Au for 145700oz Au contained project total | |
| CP/QP: | [Overall Report]: Gary Harvey (Internal) | |
| ABSTRACT: | In line with its gold strategy, Barra Resources Limited (Barra, the Company) has completed its latest phase of Reverse Circulation (RC) drilling at Burbanks Project, 9km south of Coolgardie, Western Australia (Figure 1). The recent drilling program at Main Lode saw 24 RC drill holes drilled for 3,913m. The program followed highly successful drilling programs in 2017 (refer ASX:BAR Release dated 14/03/2017) and 2018 (refer ASX:BAR Release dated 14/06/2018) and an inaugural Mineral Resource Estimate for Main Lode of 29,900 Oz at 2.59 g/t gold (refer ASX:BAR Release dated 30/10/2018). The key objectives of this program were two-fold: Firstly, to extend the existing Mineral Resource between the historic Main Lode and Birthday Gift Gold Mines from its current depth of 100m below surface to 200m below surface (Figure 2). Secondly, to extend the strike of the Main Lode system by targeting the gap between Main Lode and the Burbanks North deposit and, if successful and continuity can be demonstrated, a continuous 3.5km of mineralised strike length along the Burbanks Shear Zone (Figure 1). | |
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