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Frontier Resources Ltd.
Summary
| Project: | Bulago | |
|---|---|---|
| Deposit: | Swit Kai East Creek Upper Zone | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Lead-Zinc-Arsenic | |
| Date: | 11/23/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-11-2016: Frontier Resources Ltd. announces an Exploration/Drilling Update report for its Swit Kai East Creek Upper Zone deposit at the Bulago project. Drilling results incl. 5m @ 13.92g/t Au from 0m. Frontier Resources Limited (Frontier) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter A. McNeil (Internal) | |
| ABSTRACT: | Frontier Resources Limited (Frontier) is pleased to announce core assay results from drilling in East Creek, EL 1595 – Bulago, Papua New Guinea. The mineralised zone appears to be relatively tabular with an orientation of approximately 300 degrees magnetic and a dip of about 50 degrees to the south-west. Intercepts quoted/tabulated herein are all downhole (apparent) lengths. For example, hole 4 was vertical and it intersected the mineralised target zone with an angle of incidence of approximately 40 degrees; this resulted in an apparent length of approximately 145% (of true), so its 14.2m downhole intercept is approximately 10m true width. The quoted intercepts have a minimum cut-off grade of 0.4 g/t gold, to encompass the entire gold mineralised interval (if it is not mineralised, the rock is generally below detection limit). Hole assays, depths, collar location and orientation information is tabulated below. The assay results show that each hole returned a higher-grade intercept, that was associated with a significantly wider and lower grade gold intercept. The overall grade and length of the drill intercepts associated with the East Creek Lower Zone are relatively variable given the close proximity of each hole, suggesting coarse gold and a ‘nugget effect’. Photos of some mineralised half core are included, with their respective assays and they show a wide variation in rock type, contained mineralisation and brecciation/ alteration. Unusually, there is strong to very strong arsenic, zinc and some lead mineralisation, which normally indicates high grade gold, but in this case, was not as definitive. | |
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