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Caravel Minerals Ltd.
Summary
| Project: | Calingiri | |
|---|---|---|
| Deposit: | Dasher | |
| Location: | Australia | |
| Commodities: | Copper-Molybdenum-Silver-Gold | |
| Date: | 7/2/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 2-7-2018: Caravel Minerals Ltd. announces an Exploration/Drilling Update report for its Dasher deposit at the Calingiri project. Drilling results incl. 72m @ 0.14% Cu, 21ppm Mo, 0.5ppm Ag, 6ppb Au from 70m. Combined with previous drilling (17CARC011 24m @ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Pring (Internal) | |
| ABSTRACT: | Combined with previous drilling (17CARC011 24m @ 0.17% Cu from 50m and 17CARC012 24m @ 0.23% Cu from 8m) the new results define a mineralised horizon with a strike length of at least 700m. The IP chargeability high remains untested for 400m to the south where it ends abruptly. The bedrock geochemical copper anomaly continues 3,000m to the north and coincides with moderate chargeability features and minor mineralization in wide spaced RC drilling. The zones of higher grade remain open to the west. | |
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