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Centaurus Metals Ltd.
Summary
| Project: | Jaguar | |
|---|---|---|
| Deposit: | Jaguar South | |
| Location: | Brazil | |
| Commodities: | Nickel-Copper-Cobalt | |
| Date: | 4/23/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-4-2020: Centaurus Metals Ltd. announces an Exploration/Drilling Update report for its Jaguar South deposit at the Jaguar project. Drilling results incl. 37.7m @ 2.11% Ni, 0.28% Cu, 0.04% Co from 109.4m. Centaurus Metals (ASX Code: CTM) is pleased to ad | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roger Fitzhardinge (Internal) | |
| ABSTRACT: | Centaurus Metals (ASX Code: CTM) is pleased to advise that it has intersected more thick, shallow zones of high-grade semi-massive to massive nickel sulphides at the Jaguar South Deposit, which is part of its 100%- owned Jaguar Nickel Sulphide Project (“Jaguar” or the “Project”) in the Carajás Mineral Province of Brazil. Centaurus’ Managing Director, Mr Darren Gordon, said the latest batch of assays included some of the best drilling results generated from the project to date, clearly demonstrating the quality, grade and scale of the mineralisation at the Jaguar South Deposit. In-fill and extensional resource drilling at the Jaguar South Deposit continues to confirm the consistency of the high-grade nickel sulphide mineralisation along strike in both directions and down-dip. The main zone at Jaguar South has now been extended over a strike length of more than 600m (see Figure 1), comprises continuous sub-vertical veins and semi-massive to massive breccia zones (as seen in core photos in Figures 2 and 3 below) that can be up to 20m wide and extend from surface to more than 300m depth. Highlights of the new assay results from the Jaguar South Deposit include the following down-hole intervals (see Table 1 for complete results | |
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