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Cygnus Gold Ltd.
Summary
| Project: | Stanley | |
|---|---|---|
| Deposit: | Kepler | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-5-2019: Cygnus Gold Ltd. announces an Exploration/Drilling Update report for its Kepler deposit at the Stanley project. Drilling results incl. 6.0m @ 1.95g/t Au from 81.0m. Cygnus Gold (ASX:CY5, ‘Cygnus’ or the ‘Company’) is pleased to announce drillin | |
| Resources: | x | |
| CP/QP: | [Overall Report]: James Merrillees (Internal) | |
| ABSTRACT: | Cygnus Gold (ASX:CY5, ‘Cygnus’ or the ‘Company’) is pleased to announce drilling at the Kepler Zone on its Stanley Project in WA’s Wheatbelt has returned a significant high-grade gold intersection 220m along strike from previous high-grade results. Cygnus identified the Kepler Zone after reviewing drilling surrounding the high-grade Bottleneck Prospect, including hole STRC0002 which ended in mineralisation (see ASX announcement 4 February 2019)1 , and which returned 5m @ 1.8g/t Au from 137m to EOH (end of hole) including 1m @ 6.29g/t Au from 139m. Mineralisation at Kepler is controlled by a geochemically distinctive metadacitic rock unit only lightly tested by deeper drilling. Drilling in the new hole STRC0020 has now extended the mineralisation 220m northwest of STRC0002. The high-grade mineralisation intersected in the basement returne | |
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