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Chaarat Gold Holdings Ltd.
Summary
| Project: | Chaarat | |
|---|---|---|
| Deposit: | Tulkubash Zone | |
| Location: | Kyrgyz Republic | |
| Commodities: | Gold | |
| Date: | 7/31/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 31-7-2018: Chaarat Gold Holdings Ltd. announces an Exploration/Drilling Update report for its Tulkubash Zone deposit at the Chaarat project. Drilling results incl. 22.50m @ 4.33g/t Au from 207.5m. Chaarat (AIM: CGH), the AIM quoted exploration and develop | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dorian Nicol (Internal) | |
| ABSTRACT: | Chaarat (AIM: CGH), the AIM quoted exploration and development company developing the Chaarat Gold Project in the Kyrgyz Republic, is pleased to provide an update on its 2018 exploration drilling programme at its Tulkubash oxide gold project. This press release presents results obtained since the Company's last exploration update on 10 July 2018. In planning the 2018 drill programme, the Company has defined five along strike segments within the current Tulkubash trend. The existing one million ounce Tulkubash resource is located in segments I to III. Segment IV represents the immediate along strike extension of the current resource. Segment V represents the area with the strongest along strike gold in soil geochemical anomalies and represents Chaarat's highest priority drill targets. Drilling to date has focused on testing drill targets in Segment IV, immediately along strike to the northeast of the current one million ounce Tulkubash resource. Drilling continues to add strike length to the mineralisation, which has now been extended at least 1,000 metres along strike from the current resource boundary. Mineralised intersects in Segment IV are comparable in width to those in Segments II and III (particularly Segment III) of the currently defined Tulkubash orebody, although thinner than those within Segment I. The results are highly encouraging and confirm that mineralisation extends to the northeast of the current resource. | |
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