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Egan Street Resources Ltd.
Summary
| Project: | Rothsay | |
|---|---|---|
| Deposit: | Rothsay | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/11/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 11-10-2018: Egan Street Resources Ltd. announces an Exploration/Drilling Update report for its Rothsay deposit at the Rothsay project. Drilling results incl. 1.02m @ 23.96g/t Au from 242.48m. Egan Street Resources Limited (ASX: EGA) is pleased to announce | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Julie Reid (Internal) | |
| ABSTRACT: | Egan Street Resources Limited (ASX: EGA) is pleased to announce additional strong assays from outside the current Resource at its Rothsay Gold Project in WA. The results from the latest diamond drilling confirm that the high-grade mineralisation extends to the south on the Woodley’s Shear, which host the 401,000oz JORC Resource at Rothsay. EganStreet has also completed the Quarter 3, 2018 RC drilling programme on Woodley’s and Woodley’s East Shears and samples have been submitted for assay, these holes were designed to infill the diamond drill hole data, in order to enable a Resource estimation in this area. Encouraging assays from the previous Quarter 2, 2018 regional RC drilling testing the Clyde and Miners Shears have now also been received, confirming the potential of the field to host further high-grade Resources. RESOURCE EXTENSION DRILLING The diamond drilling programme was designed to test the extension of the Woodley’s Shear position to the south of an offset of the lode position that was interpreted from magnetics. This programme has been completed, with a total of 14 holes drilled for 3,840.7m. Two further diamond holes have been completed, one infilling the Woodley’s central Resource and a second testing the Clyde and Miners Shears to the north. | |
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