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Emu NL
Summary
| Project: | Vidalita | |
|---|---|---|
| Deposit: | Vidalita | |
| Location: | Chile | |
| Commodities: | Gold-Silver | |
| Date: | 5/16/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-5-2017: Emu NL announces an Exploration/Drilling Update report for its Vidalita deposit at the Vidalita project. Drilling results incl. 1m @ 44ppb Au. Australian explorer, Emu NL (ASX: EMU), provides the following update on its exploration activities | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Greg Steemson (Internal) | |
| ABSTRACT: | Australian explorer, Emu NL (ASX: EMU), provides the following update on its exploration activities at the Company’s Vidalita gold project in northern Chile. Three diamond drill holes (total meterage of 442.5m) were completed at Vidalita. The objective of the program was, in addition to testing some of the many targets generated from the December 2016 and January 2017 surface geochemical programs, to test below some of these surface indications of mineralisation for the inferred core of the mineralised system that could be producing these surficial responses. The locations of the holes are shown in Figure 1. As reported previously, due to issues with drilling, the number of holes completed was less than planned with none of the holes reaching their designed depths. However, in the light of the results, the Company’s choice of diamond drilling (as opposed to RC drilling) has been demonstrated to be an important one as it has delivered significant geological subsurface information. Assays were, except for the first and last sample in each hole, done on every metre. The geochemical data for selected elements characteristic of high sulphidation epithermal (HSE) systems for each of the three holes is shown in Figures 2, 3 and 4. The pervasive nature of the gold/silver geochemistry with associated pathfinder elements observed here is a noted feature of ore deposits in the Maricunga Belt (eg. Salares Norte, Alturas, Pascua Luma and La Coipa). | |
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