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Carnaby Resources Ltd.
Summary
| Project: | Tick Hill | |
|---|---|---|
| Deposit: | Tick Hill | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-10-2019: Carnaby Resources Ltd. announces an Exploration/Drilling Update report for its Tick Hill deposit at the Tick Hill project. Drilling results incl. 6m @ 8.5g/t Au from 94m. Carnaby Resources Limited (ASX: CNB) (‘Carnaby’ or ‘Company’) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Watkins (Internal) | |
| ABSTRACT: | Carnaby Resources Limited (ASX: CNB) (‘Carnaby’ or ‘Company’) is pleased to announce the results from the first 5 completed holes drilled at Tick Hill. The Company’s Managing Director, Rob Watkins commented: “We are delighted with the results from the initial drilling of the Hangingwall Lode and the Main Lode South positions which have confirmed the existence of un-mined, high grade sections of the Tick Hill orebody. Only one small stope was historically mined from the Hangingwall Lode which may have been overlooked in the past. Likewise the un-mined Main Lode South position hosts significant high-grade gold immediately below the open pit in very short proximity to existing development. While these results are a good start, we are now stepping out to test for the offset location and / or repetition of Tick Hill which is faulted off at only 235 m below surface. Our technical team now has a deep understanding of the Tick Hill orebody controls from extensive evaluation and geophysics completed over the last 6 months and we are well positioned and highly leveraged for success.” | |
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