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Draig Resources Ltd.
Summary
| Project: | Bellevue | |
|---|---|---|
| Deposit: | Bellevue | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-11-2017: Draig Resources Ltd. announces an Exploration/Drilling Update report for its Bellevue deposit at the Bellevue project. Drilling results incl. 7m @ 27.7g/t Au from 92m. Draig Resources Ltd (ASX: DRG) is pleased to announce results of the first | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Shane Hibbird (Internal) | |
| ABSTRACT: | Draig Resources Ltd (ASX: DRG) is pleased to announce results of the first drill hole targeting gold mineralisation to the west of the Highway Fault in the high priority ‘Western Mineralised Corridor’ at the Bellevue Gold Project in Western Australia. “The technical team at Draig Resources are highly excited by this result which has intersected extremely high grade Bellevue Lode style mineralisation to the west of the Highway Fault within a high priority area we are calling the ‘Western Mineralised Corridor’. This drill result has demonstrated the potential for Bellevue style ore ‘shoots’ on the adjacent parallel Tribune Lode structure within the ‘Western Mineralised Structure’ and validated the exploration team’s belief that the potential for repeat and offset structures capable of hosting a significant orebody similar in size and grade of the historic Bellevue mine is very high. The Tribune Lode is completely open to the south and at depth and is a major exploration target for immediate follow up drilling. We anticipate further drill results over the coming weeks as we progress the step out exploration drilling on this new discovery.” The Tribune Lode is a Bellevue parallel structure located immediately to the west of the Highway Fault and the historic Bellevue underground mine. This relatively untested area mostly under shallow transported sand cover is known as the ‘Western Mineralised Corridor’. | |
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