For thousands of other reports visit RSC's Mineral Intellingence Map
Chase Mining Corporation Ltd.
Summary
| Project: | Alotta | |
|---|---|---|
| Deposit: | Alotta | |
| Location: | Canada | |
| Commodities: | Copper-Nickel-Platinum-Palladium-Cobalt-Gold-Silver | |
| Date: | 12/16/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-12-2019: Chase Mining Corporation Ltd. announces an Exploration/Drilling Update report for its Alotta deposit at the Alotta project. Drilling results incl. 17.00m @ 2.90% Cu, 1.52% Ni, 0.55g/t Pt, 2.55g/t Pd, 729ppm Co, 0.23g/t Au, 6.26g/t Ag from 54.0 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Leon Pretorius, Martin Kavanagh (Internal) | |
| ABSTRACT: | Advanced Quebec focused Nickel-Copper-PGE explorer Chase Mining Corporation Limited (“CML” or “The Company”) is pleased to announce that following the receipt of all assay results for the Alotta drill programme (ASX Announcement 3 December 2019) the Company’s consultants Orix Geoscience have compiled geological cross-sections and a long-section for the recently completed Alotta diamond drill programme. The sections have been annotated with the highlighted results as presented in ASX Announcement 3 December 2019. A listing of mineralised intercepts for all seven holes drilled is given in Table 1. All assay intervals are downhole intersections. A drill hole collar plan (Figure 1) and collar coordinate information (Table 2) are also included. Assay values presented in the highlights and sections have been rounded. The laboratory assay sheet listing data for all seven holes drilled and sampled is given in Appendix 1. Statutory JORC Table 1 information is given in Appendix 2. The seven-hole drill programme (705m) mainly targeted extensions to known mineralisation within the Ni-Cu wireframe* and a shallow Downhole Electromagnetic anomaly. The latter drill hole was continued to the footwall contact of the wireframe model. (Figure 1). Overall the drilling confirmed the continuity of the wide zones of mineralisation intersected by the maiden 2018 drill programme (ASX Announcement 29 November 2018) plus intersecting a number of additional high-grade nickel-copper-PGE massive sulphide zones (in holes ZA-19-04, ZA-19-05, ZA19-06 and ZA-19-08). In addition, hole ZA-19-03 successfully indicated continuity of mineralisation within the wireframe model with a +40m intercept. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report