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Eastern Goldfields Ltd.
Summary
| Project: | Davyhurst | |
|---|---|---|
| Deposit: | Callion | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/10/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 10-1-2017: Eastern Goldfields Ltd. announces an Exploration/Drilling Update report for its Callion deposit at the Davyhurst project. Drilling results incl. 7m @ 11.37g/t Au from 59m. Eastern Goldfields Limited (ASX: EGS) (Eastern Goldfields or the Company | |
| Resources: | (Resource, I+I): 169000t @ 2.6g/t Au for 14000oz Au contained at Callion deposit | |
| CP/QP: | [Overall Report]: Michael Thomson (Internal) | |
| ABSTRACT: | Eastern Goldfields Limited (ASX: EGS) (Eastern Goldfields or the Company) is pleased to announce results from additional drilling at its Callion deposit (Callion), located approximately 120 kilometres north west of Kalgoorlie and 12 kilometres south west of the Davyhurst Mill, within the North Eastern Goldfields of Western Australia (Figure 1). Drilling success at Callion has continued (Figure 2), with strong gold mineralisation intersected in the underground target horizon. Hole CNND009 returned 3.9m @ 16.04g/t Au, 120 metres north of hole CNDD007, which returned 6.7m @ 11.03g/t Au and 60 metres down dip of hole CNDD004, which returned 7.7m @ 9.35g/t Au (see ASX announcement dated 24 November 2016). RC drilling targeting the open pit potential of the deposit has also commenced and is ongoing. Initial results have returned strong mineralisation with hole CNRC100 returning 7.0m @ 11.37g/t Au and hole CNRC083 returning 5.0m @ 6.68g/t Au. These holes are supported by numerous significant historic intersections in this part of the deposit, the most noteworthy being holes CNRC026 which returned 5.0m @ 70.13g/t Au and hole CNRC043 which returned 12.0m @ 10.95g/t Au (see Figure 3). | |
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