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Cervantes Corporation Ltd.
Summary
| Project: | Primrose | |
|---|---|---|
| Deposit: | Primrose | |
| Location: | Australia | |
| Commodities: | Gold-Nickel | |
| Date: | 7/11/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-7-2018: Cervantes Corporation Ltd. announces an Exploration/Drilling Update report for its Primrose deposit at the Primrose project. Drilling results incl. 4m @ 0.527g/t Au from 5.0m. Final assays from the regional air core (AC) sampling programme on t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Marcus Flis (Internal) | |
| ABSTRACT: | Final assays from the regional air core (AC) sampling programme on the Primrose Project (Figure 1), and announced on 21 May 2018, have been received. A total of 100 holes for 489 metres were completed (Appendix 1, AC collar data). The sampling programme aimed to: The AC sampling programme was reconnaissance in nature. AC drilling is a first-pass geochemical exploration method that tests the potential of an area. While results are often low grade, they indicate a higher likelihood for gold mineralisation to be at depth. Gold and pathfinder elements may be depleted in the oxide zone at, or close to, the surface which, depending on a variety of local geological, environmental, and morphological factors, can further affect grades. AC sampling avoids these issues by sampling the bedrock directly. | |
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