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Beacon Minerals Ltd.
Summary
| Project: | Jaurdi | |
|---|---|---|
| Deposit: | Jaurdi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-2-2017: Beacon Minerals Ltd. announces an Exploration/Drilling Update report for its Jaurdi deposit at the Jaurdi project. Drilling results incl. 7m @ 5.2g/t Au from 17m. Beacon Minerals Limited (“Beacon” or the “Company”) is pleased to announce it has | |
| Resources: | (historical estimates only) | |
| CP/QP: | [Overall Report]: Darrly Mapleson (BM Geological Services) | |
| ABSTRACT: | Beacon Minerals Limited (“Beacon” or the “Company”) is pleased to announce it has completed the final phase of the Stage 2 drilling programme at the Jaurdi Gold Project. The drilling has extended the known strike length of the mineralised system. The final phase of the Stage 2 drilling consisted of 66 holes for 1,860 metres. The RC drilling has extended the geometry of the Jaurdi palaeochannel system which now averages 850 metres of strike length, has an average width of 175 metres and average thickness of 8 metres. The mineralisation is situated on average 10 metres below the surface. The mineralised system remains open to the North East and North West. Figure 1 shows a plan of the Jaurdisystem as defined by the two stages of drilling completed by Beacon. Figure 2 is a long section through the entire system and Figure 3 shows a cross sectional view. Table 1 shows the final results from the second phase of the Stage 2 drilling completed at Jaurdi by Beacon. As part of the Stage 2 programme, Beacon completed a close spaced drilling on a 10mN x 10mE pattern in the Western Arm of the deposit. The purpose of this drilling was to understand the short scale continuity of the mineralisation and use this in the resource modelling process. The results of the programme were highly successful and the holes prefixed as GC are presented in Figure1. | |
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