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Estrella Resources Ltd.
Summary
| Project: | Scotia East | |
|---|---|---|
| Deposit: | Carr Boyd | |
| Location: | Australia | |
| Commodities: | Cobalt-Nickel | |
| Date: | 4/19/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-4-2018: Estrella Resources Ltd. announces an Exploration/Drilling Update report for its Carr Boyd deposit at the Scotia East project. Drilling results incl. 11m @ 0.12% Co, 0.38% Ni from 36m. Estrella Resources Limited (ASX: ESR) (Estrella or the Compa | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Luke Marshall (Independent) | |
| ABSTRACT: | Estrella Resources Limited (ASX: ESR) (Estrella or the Company) is pleased to provide shareholders with exploration results obtained in recent reconnaissance drilling on the Carr Boyd Nickel Project (CBNP or the Project). The CBNP is comprised of the Carr Boyd Layered Complex (CBLC or the Complex) Following the recently reported cobalt drilling at Scotia East, the RC rig was moved to the southern contact of the CBLC approximately 5km to the south, which was the target area of recent deep diamond drilling activity. The RC drilling was designed to gain a better understanding of the position and geometry of the basal contact (or contact) of the CBLC, as the co-funded diamond hole NCB0003, and follow-up diamond hole NCB0020 have not located the contact at depth. It was decided that RC drilling of the contact position on roughly 200m spaced cross sections with at least two holes intersecting the contact per cross section would significantly improve the understanding of the position and geometry of the contact. The drilling would essentially act as a 3D mapping tool, so that future deep diamond holes would have a much better chance of intersecting the contact at depth. Twenty-five RC holes were drilled for a total of 3613m. Hole depths ranged between 30m and 275m, depending on the depth at which the basal contact was intersected. Several holes were pushed significantly deeper than planned as the basal contact was up to 50m further south and often steeper dipping than previously modelled. The basal contact also appears to be overturning and dipping to the south at depth and laterally. | |
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