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Constellation Resources Ltd.

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Summary

Project:

Orpheus

Deposit:Orpheus
Location:Australia
Commodities:Gold
Date:7/17/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-7-2019: Constellation Resources Ltd. announces an Exploration/Drilling Update report for its Orpheus deposit at the Orpheus project. Drilling results incl. 4m @ 189ppb Au from 60m. Constellation Resources Limited (“Constellation” or “Company”) is pleas
Resources:x
CP/QP:[Overall Report]: Peter Woodman (Internal)
ABSTRACT:Constellation Resources Limited (“Constellation” or “Company”) is pleased to present its Quarterly Report for the period ended 30 June 2019. Constellation manages the Orpheus Project, which comprises five tenements covering approximately 552km² in a prospective portion of the Fraser Range province of Western Australia. The Fraser Range province is considered prospective for nickel, copper and gold, and has attracted significant exploration since the discovery of the Nova deposit in 2012. The Orpheus Project includes a 70% interest in three mineral exploration licences and one mineral exploration licence application, and a 100% interest in a further mineral exploration licence. The three EL’s form part of a joint venture between Constellation Resources Limited (70%) and Enterprise Metals Limited (30%, ASX: ENT). Recent Work Programs: A targeted program of RC drilling during May/June tested a historic gold soil anomaly. Ground electromagnetic (EM) surveys conducted during February 2019 covered the various nickel targets mentioned in the previous quarterly reports over tenement E63/1281. A RC drilling program has been completed at the Orpheus Project in the Fraser Range by Constellation Resources Limited during May/June over a gold target within tenement E63/1282. The drilling was aimed at testing a 3km long low-level gold in soil anomaly with a peak value of 27ppb Au coincident with NE-SW trending magnetics. The majority of the RC drilling was focussed over a coherent 350m x 150m gold in soil geochem zone (see Figure 2 below). A total of 25 RC drill holes were drilled for 2,370 metres to test the gold in soil gold anomalies. Drilling was completed on lines spaced 100-200m along strike with drill holes spaced at 30m intervals across strike (on some lines up to 60 metres apart). Drill holes ranged in depth from 60 to 108 metres to ensure fresh rock was encountered.

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