For thousands of other reports visit RSC's Mineral Intellingence Map
Encounter Resources Ltd.
Summary
| Project: | Telfer West | |
|---|---|---|
| Deposit: | Telfer West | |
| Location: | Australia | |
| Commodities: | Gold-Arsenic-Bismuth-Copper-Tungsten | |
| Date: | 1/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-1-2017: Encounter Resources Ltd. announces an Exploration/Drilling Update report for its Telfer West deposit at the Telfer West project. Drilling results incl. 38.6m @ 1.0g/t Au, 0.01% Cu from 333m. The directors of Encounter Resources Ltd (“Encounter” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Bewick (Internal) | |
| ABSTRACT: | The directors of Encounter Resources Ltd (“Encounter” or “the Company”) are pleased to report that the recent two hole diamond drilling program at the Telfer West project (“Telfer West”) has successfully intersected gold mineralisation in both holes. Telfer West (E45/4613) covers an area of approximately 121km2 and is located 25km north west of Newcrest’s major gold-copper operation at Telfer . Limited historical exploration at Telfer West was conducted by WMC and Newmont from 1983-1993 targeting gold mineralisation in a similar geological setting to Telfer. Telfer West covers an 8km by 5km domal formation of Proterozoic sediments that is bounded to the northwest and southeast by late stage granitic intrusions. The domal structure has a core of Isdell Formation overlain by the Malu Formation, Telfer Formation and sediments of the Puntapunta Formation. These geological units are the main hosts of gold-copper mineralisation at Telfer. A linear belt of subtle magnetic anomalism forms part of a broad structural corridor that defines the fold axis of the Telfer West dome. The gold mineralisation intersected is contained within this structural corridor, with stronger accumulations likely in areas of greater structural complexity. The first two holes drilled by Encounter 4km apart at Telfer West have both confirmed the presence of high grade gold mineralisation. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report