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Beacon Minerals Ltd.
Summary
| Project: | Jaurdi | |
|---|---|---|
| Deposit: | Eastern Arm | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/30/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-6-2017: Beacon Minerals Ltd. announces an Exploration/Drilling Update report for its Eastern Arm deposit at the Jaurdi project. Drilling results incl. 10m @ 5.4g/t Au from 13m. Beacon successfully extends Eastern Arm mineralisation into E15/469.Beacon | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Not Stated (n/a) | |
| ABSTRACT: | Beacon successfully extends Eastern Arm mineralisation into E15/469.Beacon has completed 101 RC holes for 2,520 metres in the recent RC drilling programme at the Lost Dog prospect. A total of 66 holes for 1,647 metres was drilled to the North East of the M16/529 lease boundary on the adjoining tenement E16/469, which is under option to Beacon (see Figure 1). All holes were drilled to a depth of 25 metres (See Appendix 2 for Table of Results). This has resulted in extending the Lost Dog deposit a further 250 metres to the North East. The deposit has narrowed in this area and is now 120 metres wide opposed to the average width of 180 metres. However, it attains a maximum width of 260 metres on the “elbow” as it’s orientation rotates to the North-East at a bearing of 040 degrees after striking predominantly East‐West. This variation in orientation correlates well with significant auger derived Au in soil sample anomalies located approximately 240 metres to the North‐East of the current extent of mineralisation (see Figures 2 to 8). It should be noted the initial discovery hole (JA13; 1m @ 5.18 g/t Au) drilled into the Lost Dog system in 2002 targeted a geochemical anomaly with a peak value of 34.2 ppb Au | |
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