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Classic Minerals Ltd.

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Summary

Project:

Forrestania

Deposit:Kat Gap
Location:Australia
Commodities:Gold
Date:7/9/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:9-7-2020: Classic Minerals Ltd. announces an Exploration/Drilling Update report for its Kat Gap deposit at the Forrestania project. Drilling results incl. 4m @ 76.72g/t Au from 79. WA-focused gold exploration and development company Classic Minerals Limit
Resources:(Resources, Inf.): 975.7kt @ 2.96g/t Au (92.8koz Au) at Kat Gap
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 most recent RC drilling program at its Forrestania Gold Project (FGP) in Western Australia. The Company completed a total of 21 holes for 1,304m at the Kat Gap project which is a continuation of the infill and extensional drilling program interrupted by the onset of COVID-19. RC drilling at Kat Gap continued to deliver significant zones of gold mineralisation located on the granitegreenstone contact. Recent drilling at Kat Gap also showed that very high-grade gold occurs west of the main granite – greenstone contact lodes well out into the granite. Kat Gap is strategically located approximately 70km south-south east of the Company’s Forrestania Gold project containing the Lady Magdalene and Lady Ada gold resources

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