For thousands of other reports visit RSC's Mineral Intellingence Map
Doray Minerals Ltd.
Summary
| Project: | Andy Well | |
|---|---|---|
| Deposit: | Wilber, Judy Lodes | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/23/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 23-11-2016: Doray Minerals Ltd. announces an Exploration/Drilling Update report for its Wilber, Judy Lodes deposit at the Andy Well project. Drilling results incl. 2.6m @ 70.1g/t Au from 219.7m at Wilber Lode. Doray Minerals Limited (ASX:DRM, Doray) is pl | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mark Cossom (Internal) | |
| ABSTRACT: | Doray Minerals Limited (ASX:DRM, Doray) is pleased to announce that underground diamond drilling at the Company’s Andy Well Gold Project in the Murchison region of Western Australia, (“Andy Well”), has successfully extended and enhanced high-grade gold mineralisation within both the Wilber and Judy Lodes. Underground drilling at Andy Well has been ongoing, with up to three diamond drill rigs in operation. Drilling has been focussed on exploring for immediate extensions to high-grade gold mineralisation adjacent to the active mining areas within the Wilber and Judy Lodes. Doray’s Managing Director, Mr Allan Kelly, said that the recent drilling at Wilber had been particularly successful in further delineating a zone of higher grade gold mineralisation below the current Ore Reserve, which could have a significant impact on the grade and cost profile at Andy Well in the medium term. “We are currently mining through a more variable and narrower part of the Wilber Lode orebody, which is having a negative effect on the grade and cost profile at present,” Mr Kelly said. “ “These drilling results have highlighted that, below the current mine design, the tenor and consistency of mineralisation at Wilber appears to increase back towards that which was seen higher in the mine,” he said. “The area directly below the current mine plan has the best potential for immediate extensions to the Wilber Lode and we will continue to test this higher grade zone which remains open at depth,” he added. | |
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