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Draig Resources Ltd.

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Summary

Project:

Bellevue

Deposit:Bellevue
Location:Australia
Commodities:Gold
Date:7/17/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-7-2018: Draig Resources Ltd. announces an Exploration/Drilling Update report for its Bellevue deposit at the Bellevue project. Drilling results incl. 2.5m @ 13.1g/t Au from 560.5m. The company is pleased to provide an update regarding a new gold discov
Resources:x
CP/QP:[Overall Report]: Shane Hibbird (Internal)
ABSTRACT:The company is pleased to provide an update regarding a new gold discovery situated only 250 metres in the footwall of the Tribune Lode at the Bellevue Gold Project. A total of 5 holes, consisting of 3 re-entries of previously drilled Tribune Lode holes and 2 new holes from surface have now been completed and confirm mineralisation over 800 metres strike within what was known as the “Gap” target. Executive Director Mr Steve Parsons commented: “The Company is pleased to report its second new significant high-grade gold lode discovery at the Bellevue Gold Project. This new discovery is currently defined over a strike length of 800 metres and we see significant potential to extend this as we step out with our current drill programme. To consistently hit in all holes drilled this new mineralised shear zone and grades encountered over step-out drilling greater than 250 metres apart is extremely encouraging and points to the high quality of the mineralised lode system at the Bellevue Gold Project.”

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