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Classic Minerals Ltd.
Summary
| Project: | Forrestania | |
|---|---|---|
| Deposit: | Kat Gap | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/4/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 4-9-2019: Classic Minerals Ltd. announces an Exploration/Drilling Update report for its Kat Gap deposit at the Forrestania project. Drilling results incl. 9m @ 20.94g/t Au from 123m. WA-focused gold exploration and development company Classic Minerals Lim | |
| Resources: | (Resource): 2.112Mt @ 1.17g/t Au (Ind.) and 3.251Mt @ 1.53g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: Dean Goodwin (Reliant Resources Pty Ltd.) | |
| ABSTRACT: | WA-focused gold exploration and development company Classic Minerals Limited (ASX. CLZ) ("Classic", or "the Company") is pleased to announce that it has received assays results from its latest RC drilling program at its Forrestania Gold Project (FGP) in Western Australia. The Company completed a total of 17 holes for 1,880m at the 100% owned Kat Gap project with the aim of improving/increasing known high-grade gold mineralisation. Drilling results from Kat Gap continued to impress with significant zones of gold mineralisation located on the granitegreenstone contact. Recent drilling at Kat Gap has shown that high-grade gold mineralisation projects very close to surface and continues down-dip with increasing width. The Kat Gap Project is strategically located approximately 70km south-south east of the Company’s Forrestania Gold project containing the Lady Magdalene and Lady Ada gold resources. Kat Gap adjoins the Forrestania Nickel project currently operated by Western Areas Ltd. | |
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