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Exterra Resources Ltd.
Summary
| Project: | Grass Flat | |
|---|---|---|
| Deposit: | Halleys East | |
| Location: | Australia | |
| Commodities: | Iron-Gold-Copper-Zinc-Lead-Silver | |
| Date: | 3/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-3-2017: Exterra Resources Ltd. announces an Exploration/Drilling Update report for its Halleys East deposit at the Grass Flat project. Historic drilling results incl. 14m @ 12.2g/t Au from 56m. Exterra Resources Limited (“Exterra” or “the Company”) (ASX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Davis (Not Stated) | |
| ABSTRACT: | Exterra Resources Limited (“Exterra” or “the Company”) (ASX:EXC) is pleased to announce results from a review of historic exploration at the recently granted Grass Flat Project (“The Project or Project”) which occurs in the central Goldfields of Western Australia (Figure 1). The Project is located 200km north of Southern Cross or 250km northwest of the major gold mining centre of Kalgoorlie. Access to the project area is excellent as ore from the recently mined and centrally located, Halley’s East gold deposit was hauled via Menzies to processing facilities in Coolgardie and Kanowna. Exterra’s Executive Chairman, John Davis commented: “The Board is extremely encouraged by this early stage compilation of historic work at Grass Flat and plans are being made to verify, ground truth and followup much of this previous exploration work. Strategies are being developed with respect to which of the prospective commodities receive early exploration funding during the 2017 field season”. Exterra’s recently granted Grass Flat Project is highly prospective for a range of commodities and deposit styles. Structurally controlled lode-gold deposits are the primary focus, however the licenced area is also prospective for bulk tonnage iron ore and volcanogenic massive sulphide-type base metal deposits. Exterra will systematically evaluate all of these prospects to prioritise exploration for the 2017 field season. | |
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