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Encounter Resources Ltd.
Summary
| Project: | Watts JV | |
|---|---|---|
| Deposit: | Hutch’s Find | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/22/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-11-2019: Encounter Resources Ltd. announces an Exploration/Drilling Update report for its Hutch’s Find deposit at the Watts JV project. JV with Newcrest - drill results incl. 18m @ 0.32g/t Au from 50m. The directors of Encounter Resources Ltd (“Encount | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Bewick (Internal) | |
| ABSTRACT: | The directors of Encounter Resources Ltd (“Encounter / the Company”) are pleased to announce the commencement of RC drilling at Mojave prospect and to provide an update on recent drilling activities in the Tanami region of Western Australia (WA), held in joint venture with Newcrest. Commenting on the joint venture activities, Encounter Managing Director Will Robinson said: “The first pass RC drilling in the Tanami region by our JV partner Newcrest continues. The drilling at Hutch’s Find has successfully defined a broad corridor of bedrock gold anomalism that remains open. The Afghan drill program has now been completed and the rig has moved to Mojave. At Mojave we will be drilling down plunge of a 600m zone of open gold intercepts testing for a Callie-style system. ” The four drill sections at Hutch’s Find were designed at a spacing of 400m to 600m with hole spacing along the drill lines at 250m. The majority of holes were drilled at a dip of -60° towards 240° orientation with three holes on the northern section drilled at -60° to the south. The program was designed to provide the first systematic deep drilling of the large scale Hutch’s Find gold-arsenic anomaly. Prior to this RC drill program only 2 holes were drilled deeper that 200m along the geochemical anomaly defined in shallow drilling. | |
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