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Comet Resources Ltd.

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Summary

Project:

Springdale

Deposit:Springdale
Location:Australia
Commodities:Graphite
Date:10/24/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:24-10-2019: Comet Resources Ltd. announces an Exploration/Drilling Update report for its Springdale deposit at the Springdale project. Drilling results incl. 16.95m @ 16.55% TGC from 29.2m. Comet Resources Ltd (Comet or the Company) (ASX:CRL) is pleased t
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 further results from recent diamond drilling conducted at its Springdale Graphite Project in southern West Australia. Comet Resources CEO, Philippa Leggat, commented: “We have more, fantastic grades which confirm the continuity of our broad zones of high-grade graphite mineralisation in the fold-closure of the Northern Area. These results are pretty exciting when viewed in context of the electromagnetic survey data and the shallow, high-grade targets in the surrounding, fold closure (figure 2). “This drilling program is the first diamond drilling in the northern zone, assisting our understanding of the mineralisation, confirming the previous RC results and building towards a resource upgrade.”

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