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Bligh Resources Ltd.
Summary
| Project: | Bundarra | |
|---|---|---|
| Deposit: | Wonder North Deeps | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/6/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-2-2018: Bligh Resources Ltd. announces an Exploration/Drilling Update report for its Wonder North Deeps deposit at the Bundarra project. Drilling results incl. 26m @ 5.28g/t Au from 354m. Bligh Resources Limited (ASX: BGH) (“Company”) is pleased | |
| Resources: | (Resource, Total): 7.038Mt @ 1.9g/t Au for 431000oz Au contained | |
| CP/QP: | [Overall Report]: Mark Gunther (Eureka Geological Services) | |
| ABSTRACT: | Bligh Resources Limited (ASX: BGH) (“Company”) is pleased to report assay results from a diamond drilling program completed in December 2017 at the Company’s 100% owned Bundarra Gold Project. A total of three holes (i.e. BRCD001, 2 & 3) ranging in depths of 405.4 to 468.1 m were completed to further test the extent of high-grade gold mineralisation at Wonder North Deeps. The holes were designed with RC pre collars up to 280 metres depth combined with NQ diamond core tails drilled through the mineralised target zones (Figure 1). Results from the drilling has confirmed that a significant high‐grade zone extends to a depth of at least 350 metres below the Wonder North open pit and remains open at depth (Table 1 & Figure 2). The latest results combined with results from the December 2016 drilling provide strong support for an increase in resources at depth. | |
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