For thousands of other reports visit RSC's Mineral Intellingence Map
Frontier Resources Ltd.
Summary
| Project: | Tolukuma | |
|---|---|---|
| Deposit: | Saki | |
| Location: | Papua New Guinea | |
| Commodities: | Gold | |
| Date: | 10/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-10-2019: Frontier Resources Ltd. announces a Resource Estimation report for its Saki deposit at the Tolukuma project. Exploration Target for Saki prospect. Frontier Resources Limited (Frontier or the Company) is pleased to announce that it h | |
| Resources: | Exploration Target Range: 0.6 - 1.0Mt @ 5.0 - 9.0g/t Au at Saki | |
| CP/QP: | [Overall Report]: Peter Swiridiuk (Internal) | |
| ABSTRACT: | Frontier Resources Limited (Frontier or the Company) is pleased to announce that it has completed an analysis of historical trench and drilling results covering the Saki gold prospect (Figure 1) which hosts a 1,400m by 700m wide system of north‐northwest trending gold veins (Figure 2). The high priority Saki epithermal gold‐silver deposit occurs two kilometres east of the Tolukuma mining lease (Figure 1). Between 2002 and 2009, Tolukuma Gold Mines (TGM) completed two Phases of drilling at the Saki prospect with a total of 4,187.25m drilled in 45 drill holes (SK001 to SK045, See Figure 2). Drilling targeted some of the 54 trenches that were anomalous in gold, some up to 6m wide, with best surface grades of 0.5m @ 535g/t Au and 1.0m @ 55.69g/t gold (Refer to ASX Announcement dated 5 August 2019). Golder Associates (Golder) commenced a resource estimate in 2011 (See ASX Announcement dated 29th May 2019) based on the drilling completed in 2002 by Durban Roodepoort Deep (DP) who had acquired TGM. The aim of this drilling was to keep the Tolukuma mine (ML104) operational for the next 10 to 20 years by finding additional ounces for the Mill Feed. Two main prospects were drilled by DP including the Saki and SeriSeri (Taula) prospects (See ASX Announcement dated 5th September 2019). | |
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