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Echo Resources Ltd.
Summary
| Project: | Bronzewing | |
|---|---|---|
| Deposit: | Orelia | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-7-2017: Echo Resources Ltd. announces an Exploration/Drilling Update report for its Orelia deposit at the Bronzewing project. Drilling results incl. 48m @ 2.46g/t Au from 49m. Echo Resources Limited (ASX: EAR) (‘Echo’ or the ‘Company’) is pleased to an | |
| Resources: | (Resource, I+I): 5.6Mt @ 1.9g/t Au for 349koz contained at project | |
| CP/QP: | [Overall Report]: Simon Coxhell (Internal) | |
| ABSTRACT: | Echo Resources Limited (ASX: EAR) (‘Echo’ or the ‘Company’) is pleased to announce the completion of 14 reverse circulation (‘RC’) drill holes at the Orelia gold deposit and receipt of associated assay results demonstrating further significant gold intersections. Echo’s CEO, Simon Coxhell, commented that the RC drilling results have defined and confirmed the continuity of extensive gold mineralisation over more than 240 metres of strike at the base of the Orelia open pit. “Typically, two to three stacked sigmoidal shaped gold zones have been defined localised on the dolerite contact with a shallow plunge to the south. High grade results over adjacent sections coupled to the diamond drilling will define a high quality resources and reserve located only 8 kilometres away from the Bronzewing Processing Hub. “Based on the results from RC and diamond drilling and increased understanding of the geometry of the high grade zones, the potential to build a substantial gold resource and reserve is apparent. The Orelia, Calista and Cumberland gold zones are developing into a large mineralised gold system.” he said. The key focus of current drilling within the Bronzewing District is the Orelia gold system which includes three mineralised systems; Orelia, Calista and Cumberland. The latest results demonstrate the excellent continuity of the high-grade core of the Orelia system which extends to considerable depth. Additional depth potential is also apparent for both the Calista and Cumberland lodes with further drilling required. | |
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