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Encounter Resources Ltd.
Summary
| Project: | East Thomsons | |
|---|---|---|
| Deposit: | East Thomsons | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/2/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-8-2018: Encounter Resources Ltd. announces an Exploration/Drilling Update report for its East Thomsons deposit at the East Thomsons project. Drilling results incl. 3m @ 39g/t Au from 9m. The directors of Encounter Resources Ltd (“Encounter / the Company | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Bewick (Internal) | |
| ABSTRACT: | The directors of Encounter Resources Ltd (“Encounter / the Company”) are pleased to announce the highest grade gold assay result to date at East Thomson’s Dome. Field operations have commenced with site preparation to be completed over the next week and the multi-purpose drill rig due on site in the week commencing 13 August 2018. Commenting on the result, Encounter Managing Director Will Robinson said: “This intersection at the N31 Reef represents the highest grade gold intersected to date at East Thomson’s Dome. It’s located in an area separate from where the majority of prior exploration took place. Given the grade seen in the re-sampling, if continuity of the N31 Reef can be established through the drill program beginning in the next fortnight, the implications would be significant.” East Thomson’s Dome (100% Encounter) Background 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. The N31 Reef is located 1.5km north-west of the Fold Closure Prospect near the interpreted boundary between the Telfer Formation and the underlying Malu Formation. Previous historical drilling at the N31 Reef consists of nine RC drill holes (average depth of 61m) and one deep | |
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