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Calidus Resources Ltd.
Summary
| Project: | Warrawoona | |
|---|---|---|
| Deposit: | St George Shear | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/23/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-8-2018: Calidus Resources Ltd. announces an Exploration/Drilling Update report for its St George Shear deposit at the Warrawoona project. JV - Drilling results incl. 8m @ 3.9g/t Au from 0m. Calidus Resources Limited (ASX:CAI)(‘Calidus’ or the ‘Company’ | |
| Resources: | (Resource, I+I): 10.5Mt @ 2.11g/t Au for 712Koz contained at Warrawoona | |
| CP/QP: | [Overall Report]: Jane Allen (Internal) | |
| ABSTRACT: | Calidus Resources Limited (ASX:CAI)(‘Calidus’ or the ‘Company’) is pleased to announce a drilling update based on results from the Company’s Warrawoona Gold Project, located in the Pilbara of Western Australia. Calidus is undertaking a large resource infill and extension programme across the Warrawoona Project with an aim to expand the current resource to underpin a pre‐feasibility study in 2019. As part of this programme, the Company is testing high priority targets including the St George Shear that have the potential to increase the Warrawoona resource. Wide spaced RC drilling of the St George Shear prospect ~150m North of the current 654,000 oz Klondyke resource highlights the potential to rapidly add ounces to Calidus’ resource base with results including | |
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