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Coziron Resources Ltd.
Summary
| Project: | Croydon | |
|---|---|---|
| Deposit: | Top Camp | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/6/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-2-2020: Coziron Resources Ltd. announces an Exploration/Drilling Update report for its Top Camp deposit at the Croydon project. Drilling results incl. 8m @ 10.26g/t Au from 135m. Coziron Resources Limited (ASX:CZR) (“Coziron” or Company”) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Rob Ramsay (Internal) | |
| ABSTRACT: | Coziron Resources Limited (ASX:CZR) (“Coziron” or Company”) is pleased to announce that it has now received all the gold by fire-assay results from the thirteen RC drill-holes completed at the Top Camp gold prospect on E47/2150. All the holes are 200m deep, inclined at -60° and were sampled on 1 metre intervals (Fig 1; Table 1; Full detail in Appendix 1; ASX release 18 December 2012). The prospect is hosted by metasediments of the Mallina Basin which has an emerging regional inventory of gold resources. The drill-holes provide intercepts through a 400m wide by 1.5km long area of gold anomalism reported from soil and auger sampling within an area that has been extensively disturbed by prospector activity (ASX releases; 20 September 2018, 25 July 2019, 11 October 2019, 11 November 2019). The broadly spaced drill-holes all intersected calcareous silts, sands and shales with variable amounts of quartz-carbonate veining and sulphide. Intercepts with a 0.3 gram/tonne cut-off, a sample with greater than 0.5 grams by meters and a maximum of 2 metres of internal waste are reported in 11 of the 13 drill-holes (Summarised in Table 2 and full details in Appendix 1). A summary of the downhole intercepts is reported in Table 2 and these are presented on Figs 3, 4 and 5. These will be converted to interpreted true-widths when diamond-core drilling provides an indication of the thickness and orientation of the mineralized structures. | |
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