For thousands of other reports visit RSC's Mineral Intellingence Map
Crater Gold Mining Ltd.
Summary
| Project: | Golden Gate | |
|---|---|---|
| Deposit: | Golden Gate | |
| Location: | Australia | |
| Commodities: | Graphite | |
| Date: | 2/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-2-2018: Crater Gold Mining Ltd. announces an Exploration/Drilling Update report for its Golden Gate deposit at the Golden Gate project. Drilling results incl. 62.7m @ 6.79% GC from 29.3m. The Company (Crater Gold Mining Limited, ASX: CGN) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ken Chapple (KCICD Pty Ltd.) | |
| ABSTRACT: | The Company (Crater Gold Mining Limited, ASX: CGN) is pleased to announce that it has intersected thick graphite mineralisation in two diamond core holes (GGDDH 1701 and GGDDH 1702) drilled in the Golden Gate Project area at Croydon, North Queensland. Hole GGDDH 1701 (Figures 1 and 2) confirms the intersection (in terms of both intersected interval and grade) reported from near-by historical holes GGRC 2005 and GGDH2 (25m to the NE) drilled by previous exploration company Central Coast Exploration (CCE). Hole GGDDH 1702 (Figures 1 and 3) confirms the down-dip extrapolated extension of GGRC 2003 (95m to the SW) drilled by CCE. Managing Director Russ Parker stated, “We are really pleased with the results to date of the diamond drilling program. We have confirmed thick intersections of graphite mineralisation with good grades and, from the information presently available, it appears the mineralisation is hydrothermal in nature which often contains good quality flake graphite. We will now move forward with petrological and mineralogical examination to determine if this is the case for our deposit”. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report