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Blackstone Minerals Ltd.
Summary
| Project: | Silver Swan South | |
|---|---|---|
| Deposit: | Silver Swan South | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-3-2018: Blackstone Minerals Ltd. announces an Exploration/Drilling Update report for its Silver Swan South deposit at the Silver Swan South project. Drilling results incl. 15m @ 2.2g/t Au from 64m. Blackstone Minerals Limited (“Blackstone” or the “Compa | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Radonjic (Internal) | |
| ABSTRACT: | Blackstone Minerals Limited (“Blackstone” or the “Company”), is pleased to announce an emerging gold discovery with significant results from the second phase aircore drilling program at Silver Swan South, located 8 km along strike of the world class Kanowna Belle Gold Mine (+5 Moz gold endowment) near Kalgoorlie, Western Australia (Refer Figure One) Blackstone’s Managing Director commented; “We are pleased to announce these significant gold results at such an early stage in our exploration efforts at Silver Swan South. We look forward to the next phase of drilling to identify the primary source of the gold mineralisation at Black Eagle and to identify further gold anomalism at Black Hawk. We are strategically located within trucking distance of many world class gold mines. Our Australian assets continue to complement our flagship very high grade Little Gem Cobalt-Gold project in British Columbia, Canada” The Silver Swan South Project comprises of one granted exploration licence E27/545 and six granted prospecting licences, P27/2191 – 2196 covering an area of 47.2 km². The Project is along trend of the massive nickel sulphide Silver Swan Deposit (pre-mining ore reserve of 655 kt at 9.5% Nickel) and associated deposits (pre-mining resource of 10.4 Mt at 1.0% Nickel), and only 8 km northeast of the major Kanowna Belle Gold Mine (+5 Moz gold endowment). | |
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