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Cervantes Corporation Ltd.
Summary
| Project: | Albury Heath | |
|---|---|---|
| Deposit: | Albury Heath | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/17/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-7-2018: Cervantes Corporation Ltd. announces an Exploration/Drilling Update report for its Albury Heath deposit at the Albury Heath project. Drilling results incl. 17.0m @ 18.8g/t Au from 77.0m. All drilling was by Reverse Circulation (RC) with every m | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marcus Flis (Internal) | |
| ABSTRACT: | All drilling was by Reverse Circulation (RC) with every metre sampled for assaying. Bulk samples were collected for future metallurgical testing purposes. Table 1 summarises all significant intersections from this drilling campaign based on criteria noted in the table. Table 2 lists the hole collar locations. Hole AHP139 was drilled as a “scissor” hole to test the main quartz lode from the opposite direction to that drilled by holes AHP128 (maximum assay of 31.41g/t, or about 1oz/t), AHP129 (18.96g/t) and AHP130 (21.27g/t). AHP139 is interpreted to have intersected the main lode at 43 to 54m (max of 1m @ 15.17g/t) and again at 77 to 94m (max of 1m @ 69.19g/t, or about 2.2oz/t). It is likely AHP139 intersects the lode at an oblique angle and the intercepts do not represent true widths. The previously reported intercept of 5m @ 63.1g/t (about 2oz/t) from 32m in hole AHP134, including 1m @ 202.8g/t (about 6.5oz/t) from 33m represents the north-east extension of this main lode. | |
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