For thousands of other reports visit RSC's Mineral Intellingence Map
Barra Resources Ltd.
Summary
| Project: | Burbanks | |
|---|---|---|
| Deposit: | Main Lode | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/14/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-3-2017: Barra Resources Ltd. announces an Exploration/Drilling Update report for its Main Lode deposit at the Burbanks project. JV with FNR Investments - drilling results incl. 11m @ 5.70g/t Au from 44m. Barra Resources Limited (‘Barra’ or the ‘Company | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gary Harvey (Internal) | |
| ABSTRACT: | Barra Resources Limited (‘Barra’ or the ‘Company’) is pleased to announce that multiple high-grade gold lodes have been intersected in its first phase reverse circulation (RC) program at the historic Main Lode Gold Mine at its Burbanks Project, located 9km south of Coolgardie, Western Australia. The Main Lode Gold Mine lies within Barra’s exclusive Reservation Area within mining lease M15/161, (held by Kidman Resources Limited (KDR) (see Figure 1)), and is being targeted by the Company with an aim to establish a significant resource base at Burbanks by systematically testing the substantial potential at depth and along strike. Barra’s Chairman, Gary Berrell said: “We are extremely encouraged by the first phase drilling program. Our geological knowledge of the Burbanks Project grows with every hole we drill. These results confirm our understanding that gold resources exist around the old workings at Main Lode and along strike. This highly encouraging information will be integrated into planning for our next stage of the structured drilling program designed to identify the scale of the Main Lode system”. The drilling program at Main Lode included a 31 hole RC drilling program which was completed in February 2017. The drilling program initially targeted the top 100m of the historic Main Lode Gold Mine environment where previous drilling1 had outlined a broad (greater than 1.0g/t Au) mineralised zone over a strike length of about 400m associated with the Burbanks Shear Zone that host the historical underground mine workings. | |
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