For thousands of other reports visit RSC's Mineral Intellingence Map
Eastern Goldfields Ltd.
Summary
| Project: | Davyhurst | |
|---|---|---|
| Deposit: | Golden Eagle | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/29/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-5-2018: Eastern Goldfields Ltd. announces an Exploration/Drilling Update report for its Golden Eagle deposit at the Davyhurst project. Drilling results incl. 3.6m @ 6.24g/t Au from 99.0m. Eastern Goldfields Limited (ASX: EGS) (Eastern Goldfields or the | |
| Resources: | (Resource, Total): 21.492Mt @ 2.4g/t Au at Davyhurst total | |
| CP/QP: | [Overall Report]: Andrew Czerw (Internal) | |
| ABSTRACT: | Eastern Goldfields Limited (ASX: EGS) (Eastern Goldfields or the Company) is pleased to announce results from drilling at its Golden Eagle underground gold mine, located approximately 2.5 km south of the Davyhurst Mill and 120 km northwest of Kalgoorlie (refer Figure 1). The underground drilling program has been designed to test the down plunge extension of the Central Shoot mineralisation below the Golden Eagle open pit. The recently completed 3,002 metre underground drilling program comprised 852 metres of diamond and 2,150 metres of reverse circulation drilling. A total of 23 holes were drilled, with assays returned to date on 17 holes. Assay results for the remaining 6 holes are pending. This confirmatory drilling has successfully defined the continuation of the Central Shoot down to the 315 level, below which the mineralisation remains open (see Figures 2 & 3). Further drilling will be planned from yet to be developed drill platforms situated deeper in the mine. In addition, a 700 metre surface drilling program has commenced, targeting a shoot repeat at depth below the Central Shoot (see Figure 4). Two holes into the South Shoot position were recently completed and successfully intersected the prospective shear zone and associated silica biotite sulphide alteration. Core from these holes will be assayed in the coming weeks. | |
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