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Barra Resources Ltd.
Summary
| Project: | Burbanks | |
|---|---|---|
| Deposit: | Burbanks North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-7-2017: Barra Resources Ltd. announces an Exploration/Drilling Update report for its Burbanks North deposit at the Burbanks project. Drilling results incl. 9m @ 4.76g/t Au from 11m. Barra Resources Limited (‘Barra’ or the ‘Company’) (ASX: BAR) is pleas | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gary Harvey (Internal) | |
| ABSTRACT: | Barra Resources Limited (‘Barra’ or the ‘Company’) (ASX: BAR) is pleased to announce positive final results from the most recent drilling program at its Burbanks Gold Project, located 9km south of Coolgardie, Western Australia. The Company recently completed Phase 1 (representing 103 holes, 2,788m) of a ~13,000m air-core program at Burbanks North (ASX Releases dated 6/09/17 and 29/06/17) and all assay results have now been received with many yielding excellent results including multiple intersections grading ≥ 1.0 g/t gold over down-hole widths up to 10m from infill and extensional drilling. The results confirm the Company’s belief there is an excellent opportunity to identify multiple shoots of gold mineralisation along the exciting Burbanks North Trend, located approximately 1km along strike to the north (local grid) from the Company’s Main Lode Gold Deposit. The Company is very encouraged with the results from Phase 1 and looks forward to completing the remainder of the planned drill program along the Burbanks North Trend over the next 6 to 12 months (Figure 1). The results from Phase 1 are being used to update the geological understanding of the area and will be incorporated into targeting for future exploration campaigns. The aim of the Phase 1 drill campaign was primarily to infill and extend the limits of the Burbanks North Deposit as well as commencing extensional drilling to test the highly prospective Burbanks North Trend, which has the potential to host multiple shoots of gold mineralisation. This drilling program supports the Company’s view that the Burbanks North Trend warrants a stronger exploration focus and has the potential to yield multiple targets for further infill drilling. | |
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