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Encounter Resources Ltd.
Summary
| Project: | Telfer West | |
|---|---|---|
| Deposit: | Telfer West | |
| Location: | Australia | |
| Commodities: | Gold-Arsenic-Bismuth-Copper | |
| Date: | 9/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-9-2017: Encounter Resources Ltd. announces an Exploration/Drilling Update report for its Telfer West deposit at the Telfer West project. Drilling results incl. 30m @ 1.09g/t Au, 16ppm As, 22ppm Bi, 14ppm Cu from 96m. The directors of Encounter Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Bewick (Internal) | |
| ABSTRACT: | The directors of Encounter Resources Ltd (“Encounter”) are pleased to announce that a second zone of gold stock-work mineralisation has been identified at the Telfer West gold project (“Telfer West”). This new zone is located 800m south-east of the Egg prospect where two RC holes drilled contain potentially significant gold mineralisation. Commenting on the results, Encounter Managing Director Will Robinson said: “These two RC holes are the southernmost extent of our drilling along the mineralised, quartzite corridor at Telfer West. The latest drilling has identified a new gold stock-work zone that remains open down dip and along strike. This mineralised corridor can be traced over 5km of strike and we have only started testing its potential.” Location Plan Encounter holds exploration tenure over 2,000km² of the Paterson Province in Western Australia (WA), that hosts the Telfer gold-copper mine and the Nifty copper mine. Encounter is actively exploring for gold-copper deposits in the Telfer region as well as copper-cobalt and zinc-lead deposits at Yeneena. The Company’s gold portfolio includes Telfer West, a recent shallow, high grade gold discovery and East Thomson’s Dome that includes a large scale gold soil anomaly identified adjacent to high grade outcropping gold reefs. The copper-cobalt and zinc-lead prospects identified at Yeneena are located adjacent to major regional faults and have been identified through electromagnetics, geochemistry and structural targeting. Separate to the projects in the Paterson Province, Encounter has an project generation alliance covering northern WA with Australia’s largest gold mining company, Newcrest Mining Limited (ASX:NCM). | |
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