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Comet Resources Ltd.
Summary
| Project: | Springdale | |
|---|---|---|
| Deposit: | North Zone | |
| Location: | Australia | |
| Commodities: | Graphite | |
| Date: | 11/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-11-2019: Comet Resources Ltd. announces an Exploration/Drilling Update report for its North Zone deposit at the Springdale project. Drilling results incl. 42.5m @ 17.02% TGC from 20m. Comet Resources Ltd (Comet or the Company) (ASX:CRL) is pleased to a | |
| Resources: | (Resource, Inf.): 15.6Mt @ 6.0% TGC | |
| CP/QP: | [Overall Report]: Bianca Manzi (Not stated) | |
| ABSTRACT: | Comet Resources Ltd (Comet or the Company) (ASX:CRL) is pleased to announce the final results from recent infill drilling conducted at its Springdale Graphite Project in southern Western Australia. Comet Resources MD, Matthew O’Kane, commented: “Once again we saw spectacular grades in the infill program! While we have already achieved many high grade intercepts in the Northern Zone at Springdale, we are particularly impressed by the width and grade of the intercepts in hole HD024A, including the highest grade intercept to date of 3.23m @ 51%. Now we’re very focussed on the active metallurgical test work program and look forward to releasing those results as they become available”. Final assay results have been received for the last 8 holes of the 12 hole diamond core drilling program completed at Springdale in September (Figure 1 and 2). The drilling was designed to primarily provide bulk sample material for detailed metallurgical test work as well as infill geological, and structural information on the graphite mineralisation at the Northern and Western Resource areas. All PQ and HQ diamond infill and twin metallurgical holes completed in the North Zone resource area successfully intersected multiple high grade graphite intersections (Table 1, Figure 1). | |
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