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Project: | Yandera | |
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Deposit: | Dengru, South Dimbi, Omora | |
Location: | Papua New Guinea | |
Commodities: | Copper-Gold-Molybdenum | |
Date: | 7/27/2016 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 27-7-2016: Era Resources Inc. announces an Exploration/Drilling Update report for its Dengru, South Dimbi, Omora deposit at the Yandera project. Drilling results incl. 243.0m @ 0.185% Cu, 0.061ppm Au, 0.002% Mo from 0m at South Dimbi. Toronto, Ontario – J | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Dr. Nathan Chutas (Internal) | |
ABSTRACT: | Toronto, Ontario – July 27, 2016 – Era Resources Inc. ("Era" or the "Company") (TSXV: ERX) is pleased to announce the first results from the 2016 Infill and Proximal Drill Campaign at the Yandera Project, which is advancing a large porphyry copper system in the highlands of Papua New Guinea. A total of 25 diamond drill holes comprising 5,096 metres of drilling have been completed at the Yandera Project during the 2016 drilling program—two drill rigs continue to operate. The drilling program is designed to infill and expand the Yandera resource, testing opportunities both within and around the margin of the known resource where discovery of additional mineralization will significantly impact the current resource estimate and positively affect potential open pit designs. Drilling to date has focused on infill in the Dengru, South Dimbi and Gremi areas, as well as testing some proximal areas, including targets east of South Dimbi, east of Omora and within the Benbenubu areas (Figure 1). With the remaining approximately 3,000 metres of drilling in the current program, the company plans to complete tests of remaining target areas in the Dimbi, Gamagu and Imbruminda areas, as well as complete tests at the Benbenubu and East Gremi areas. | |
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