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Blue River Resources Ltd.
Summary
| Project: | Banlung | |
|---|---|---|
| Deposit: | Okalla | |
| Location: | Cambodia | |
| Commodities: | Gold-Silver-Bismuth-Copper-Tellurium | |
| Date: | 12/1/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-12-2017: Blue River Resources Ltd. announces an Exploration/Drilling Update report for its Okalla deposit at the Banlung project. Drilling results incl. 1m @ 2.64g/t Au, 0.58g/t Ag, 0.12% Cu from 35m. VANCOUVER, BC, (October 24 2017): Blue River Resourc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jonathon Soper (Not stated) | |
| ABSTRACT: | VANCOUVER, BC, (October 24 2017): Blue River Resources Ltd. (TSXV: BXR ) (OTC:BRVRF) (Frankfurt:0BL) (“Blue River”) is pleased to provide an exploration update from the Phase One drill program at the Okalla Exploration Prospect, Banlung Tenement, Cambodia. Drilling commenced on July 2, 2017, on the Banlung Tenement on which the two prospects, Okalla West and Okalla East, are located. The two prospects are approximately 7 kilometres apart. Both are hosted by intrusive rock complexes connected along a regional structural corridor. Phase 1 drilling was conducted to determine the structure and type of mineralization of the targets over a gold anomaly devoid of outcrop. At the Okalla West prospect, nine holes were drilled totalling 439.2 metres as part of its Phase 1 drill program. The program contributed to the understanding of geology and structure, and demonstrated the existence of gold mineralized veins in faults in the Okalla West intrusive complex. A map of drill hole locations accompanies the press release. "There are three things that are very intriguing with this small drill program and shallow holes. We intersected quartz veining and gold, the presence of Tellurium and Bismuth is significant with gold association and the potential of an Alkalic intrusive gold deposit from historical deposits tends to be high grade and large and increases at depth” stated Jonathan Soper P.Eng. | |
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