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Cullen Resources Ltd.
Summary
| Project: | Mt Eureka | |
|---|---|---|
| Deposit: | Mt Eureka | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/8/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-2-2019: Cullen Resources Ltd. announces an Exploration/Drilling Update report for its Mt Eureka deposit at the Mt Eureka project. Drilling results incl. 15m @ 0.55g/t Au from 35m. Assay data has now been received and compiled for a reconnaissance air co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris Ringrose (Internal) | |
| ABSTRACT: | Assay data has now been received and compiled for a reconnaissance air core drilling program completed in November 2018. Targets included both new and known, outlined from a compilation of: aeromagnetic and ground magnetics interpretation; previous drilling; soil geochemistry; and mapping. Drilling comprised 76 holes for 3,009m at: Eureka NW; Southern-Galway; Graf’s Find (gold) and Irwin Bore (nickel) prospect (Fig.1). Two traverses were completed spaced 50m along strike to the south of an historical intersection of 8m @ 2.9g/t Au from 70m (MERC055), and targeted the granite-greenstone contact which is locally marked with conglomerates (Fig. 2). Gold anomalies which include 10m @ 0.27 g/t Au and 5m @ 0.92 g/t Au, indicate an extension to the south of gold mineralisation in historical hole MERC055. Deeper drill testing along the granite-greenstone contact is warranted. Gold mineralisation is related to quartz veining and shearing in mafics and ultramafics with basement granite in some holes. The area south of MERC055 to YRC07, and the alteration zones interpreted in this corridor (which may relate to underlying intrusives) are a key target region (Fig.2). | |
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