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Dome Gold Mines Ltd.
Summary
| Project: | Sigatoka | |
|---|---|---|
| Deposit: | Koroua Island | |
| Location: | Fiji | |
| Commodities: | Magnetite-Titanium | |
| Date: | 12/11/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Mine Development | |
| Report details: | 11-12-2019: Dome Gold Mines Ltd. announces a Resource Estimation report for its Koroua Island deposit at the Sigatoka project. Resource estimate for the Koroua Island resource area, part of the Sigatoka project. Dome Gold Mines Ltd (“Dome” or “the Company | |
| Resources: | (Resource, Ind.): 52.7Mt @ 13.3% HM at Koroua Island | |
| CP/QP: | [Resources]: Richard Stockwell, Gavin Helgeland (Hornet Drilling and Geological Services Pty Ltd.) | |
| ABSTRACT: | Dome Gold Mines Ltd (“Dome” or “the Company”) is pleased to announce an update to the JORC 2012 Mineral Resource Estimates for its 100%-owned Sigatoka Iron Sand Project (SPL 1495), located on the main island of Viti Levu, Fiji (Figure 1). Koroua Island Resource Sonic drilling over the Koroua Island resource area was completed in late 2017 and included a total of 69 sonic drill holes for an average depth of 23.2 m. The sonic holes were drilled on a 100m x 200m spaced grid over Koroua Island, which lies immediately west of the Sigatoka River (see Figure 2). The resource estimation assumes a density of 1.8 g/cm3, and a cut-off grade of 8% Heavy Minerals (HM). The Koroua Island drilling and assay programme included standard QA measures to determine precision, accuracy and short-range geological/HM-grade continuity. A quarter core split was used for analysis subsequent to being photographed, geologically-logged and measured for magnetic susceptibility. A strong correlation between magnetite content and magnetic susceptibility is observed. Drill samples are subjected to contemporary heavy mineral analytical techniques. Diamantina Laboratory is tasked with splitting, wet-screening and heavy media separation. HM residues are combined to conform to the geological interpretation and composites are sent to IHC Robbins for magnetic separation and XRF. A representative selection of samples from each fraction (relative to inherent value) are then forwarded to Process Mineralogy Consultants for semi-quantitative mineral assemblage determination and grain size analysis. All sample residues are retained for future reference and/or test work. | |
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