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Encounter Resources Ltd.
Summary
| Project: | East Thomsons | |
|---|---|---|
| Deposit: | East Thomsons | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-7-2018: Encounter Resources Ltd. announces an Exploration/Drilling Update report for its East Thomsons deposit at the East Thomsons project. Drilling results incl. 20m @ 3.77g/t Au from 0m. The directors of Encounter Resources Ltd (“Encounter / the Com | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Bewick (Internal) | |
| ABSTRACT: | The directors of Encounter Resources Ltd (“Encounter / the Company”) are pleased to announce that high grade gold has been intersected at the N31 Reef at East Thomson’s Dome. This encouraging intersection is contained in one of the three holes drilled at the N31 Reef, part of the recent 5,500m drill program at East Thomson’s Dome, Telfer West and Lookout Rocks. Commenting on the result, Encounter Managing Director Will Robinson said: “Intersecting high grade gold in our first drill program is a promising start at the N31 Reef. Given the shallow, high grade nature of the reef and the sound geological context the Company has made plans to re-commence drilling before the end of the month. The implications of the high grade intersection at N31 are yet to be determined but it could prove significant with further drilling.” East Thomson’s Dome is a high quality opportunity located just 5km from the major gold-copper mine at Telfer (Figure 1). The domal structure at East Thomson’s Dome has a core of Malu Formation with the fold axis trending WNW. The majority of surface gold and reef style mineralisation at East Thomson’s Dome has been discovered in the overlying Telfer Formation sediments. This geological setting is similar to that of the high grade reefs at Telfer. | |
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