For thousands of other reports visit RSC's Mineral Intellingence Map
Bligh Resources Ltd.
Summary
| Project: | Bundarra | |
|---|---|---|
| Deposit: | Bundarra | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/14/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-12-2016: Bligh Resources Ltd. announces an Exploration/Drilling Update report for its Bundarra deposit at the Bundarra project. Drilling Results incl. 31m @ 3.56g/t Au from 294m. Bligh Resources Limited (ASX: BGH) (“Company”) is pleased to announce res | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paddy Reidy (Internal) | |
| ABSTRACT: | Bligh Resources Limited (ASX: BGH) (“Company”) is pleased to announce results received from the Reverse Circulation (‘RC’) drilling program announced on 27th October 2017. Of six drillholes completed at the Wonder North deposit, four drillholes (BRC004 – BRC007) targeted extensions of mineralisation to the north‐ west of the existing open pit, and two drillholes (BRC018 and BRC019) targeted the extension of mineralisation at depth beneath the existing pit. Two drillholes completed at the Bluebush Prospect 2km directly south of Wonder North to test for extensions did not intersect significant mineralisation. These results (Table 1) confirm the continuity of high grade gold mineralisation at depth beneath the Wonder North pit and highlight the excellent potential to expand Mineral Resources and develop a high grade underground mining operation to compliment open pit mine development. The high grade intersection in BRC005 to the northwest of the Wonder North pit (Figure 1), is a previously untested zone of mineralisation which highlights the exploration potential adjacent to currently defined deposits, and along interpreted structural features. Bligh is currently evaluating the opportunity to further extend the defined high grade mineralisation beneath the Wonder North deposit, and geological planning of a subsequent drilling program is underway ahead of the submission of Program of Work Application to the Department of Minerals and Petroleum. A long section of currently defined mineralisation at Wonder North is shown in Figure 2, with the location of drilling from the most previous operators (Terrain Minerals: TMX) in 2007/2008, and previous drilling shown with the most recent Bligh drilling (BRC018, and BRC019). True widths are estimated to be 50% of reported downhole intersections. | |
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