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Cassius Mining Ltd.
Summary
| Project: | Gbane | |
|---|---|---|
| Deposit: | Gbane | |
| Location: | Ghana | |
| Commodities: | Gold | |
| Date: | 4/4/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-4-2018: Cassius Mining Ltd. announces an Exploration/Drilling Update report for its Gbane deposit at the Gbane project. Drilling results incl. 13m @ 0.78g/t Au from 65m. Cassius Mining Limited [ASX Code: CMD] (the Company or Cassius) announces its hi-re | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Gleeson (SRK Consulting (UK) Ltd.) | |
| ABSTRACT: | Cassius Mining Limited [ASX Code: CMD] (the Company or Cassius) announces its hi-res aerial geophysics survey is now underway, together with the results of its Phase 3 drilling program at the Company’s Gbane Project in Ghana. Cassius is currently conducting a high resolution aerial magnetic and radiometric survey across its entire Gbane licence. Fifty metre (50m) flight line spacings are being flown normal to main strike of mineralisation, totalling 689 line kms. The survey area is shown in Figure 1 covers a license perimeter overlap of approximately 500m to obtain perspective for more accurate interpretation. Cassius is using the world’s only true 3-axis heli gradiometer shown in Figure 2 (4 high sensitivity Caesium total magnetic field sensors at 3.68m vertical and horizontal spacings). The survey includes a digital gamma ray spectrometer with radar altimeter and real-time differential GPS. This system generates much more highly accurate derivatives than other aerial boom systems, giving very high definition results on which Cassius will formulate its subsequent targeted drilling program. | |
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