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Beowulf Mining Plc
Summary
| Project: | Viti | |
|---|---|---|
| Deposit: | Viti | |
| Location: | Kosovo | |
| Commodities: | Gold | |
| Date: | 10/8/2019 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-10-2019: Beowulf Mining Plc announces an Exploration/Drilling Update report for its Viti deposit at the Viti project. Drilling results incl. 10m @ 0.12g/t Au. Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, provides | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris Davies (Internal) | |
| ABSTRACT: | Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, provides an update on its investment in Vardar Minerals Limited ("Vardar") and exploration results for the prospective Viti license in south eastern Kosovo, following the completion of an orientation drill programme over a target prospective for porphyry related mineralisation. Drill testing was designed to test the extent and type of alteration associated with an extensive three kilometre ("km") gossanous outcrop, which had previously returned anomalous copper ("Cu") and gold ("Au") concentrations in rock grab samples. In addition, soil samples were collected to determine the extent of possible anomalous metal concentrations over the target area. Two stratigraphic drill holes, totalling 439m, were designed to cross-cut the gossanous zone in order to provide information on the extent and type of alteration, and potential for associated mineralisation. Diamond drilling was carried out in August 2019. All drill core was split and sent to ALS Global (Bor and Loughrea) for analysis. Several anomalous Au intersections associated with altered trachyte dykes were identified, including down the hole intersections of 1m at 0.5 g/t Au and 10m at 0.12 g/t. Logging of drill core also identified disseminated chalcopyrite mineralisation in altered trachyte dyke intersections. | |
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