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Echo Resources Ltd.
Summary
| Project: | Bronzewing | |
|---|---|---|
| Deposit: | Orelia | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/1/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-5-2017: Echo Resources Ltd. announces an Exploration/Drilling Update report for its Orelia deposit at the Bronzewing project. Drilling results incl. 49m @ 9.43g/t Au from 29m. Echo Resources Limited (ASX: EAR) (‘Echo’ or the ‘Company’) is pleased to rel | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Simon Coxhell (Internal) | |
| ABSTRACT: | Echo Resources Limited (ASX: EAR) (‘Echo’ or the ‘Company’) is pleased to release some of the most significant intersections to date from exploration at its Yandal Gold Project. Results from the latest five reverse circulation (‘RC’) drill holes (ORC007-11) completed within the Orelia gold deposit (‘Orelia’) demonstrates that shallow highgrade gold mineralisation exists beneath the floor of the existing open pit. The latest drill results have significantly increased Echo’s confidence that stacked high-grade mineralised lodes at Orelia are likely to occur to at least similar depths seen at Lotus and extend further along strike. Echo’s CEO, Simon Coxhell commented, “These latest Orelia results are extremely encouraging as we are defining a large continuous high-grade mineralised zone that at this stage appears to have underground minable grades within an open pit mining environment. “The intersections not only demonstrate that high-grade mineralisation exists just beneath the existing Orelia pit floor, but also increase our overall understanding and confidence in the Orelia gold system and potentially adding significant ounces at depth and along strike.” The key focus of current drilling within the Bronzewing District is the Orelia gold deposit which includes three mineralised systems; Orelia, Calista and Cumberland. The latest results are demonstrating excellent continuity of the high-grade core of the Orelia mineralised gold system which extends to considerable depth with additional depth potential also apparent for both the Calista and Cumberland lodes. | |
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