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Frontier Resources Ltd.
Summary
| Project: | Bulago | |
|---|---|---|
| Deposit: | Swit Kai | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper-Zinc-Arsenic-Lead | |
| Date: | 4/10/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-4-2017: Frontier Resources Ltd. announces an Exploration/Drilling Update report for its Swit Kai deposit at the Bulago project. Drilling results incl. 1.1m @ 79.18g/t Au, 17 g/t Ag, 2074ppm As, 564ppm Cu, 5592ppm Zn from 15.4m. Frontier Resources Limi | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter McNeil (Internal) | |
| ABSTRACT: | Frontier Resources Limited (Frontier) is very pleased to announce drill core assay results from the first hole drilled in 2017 at the Swit Kai Prospect’s Central Lower Zone, EL 1595 – Bulago, Papua New Guinea. Only three mineralised / silicified /brecciated core samples were analysed from hole FDH001, as extensive previous assaying has shown that they are the only geological types that normally contain gold. The FDH001 samples covered a total of 1.7m, but were not all contiguous. A 0.6m intercept returned 50.7 g/t gold, from 13.9m to 14.5m downhole (adjacent to landslide colluvium that may have removed some of that mineralisation when it slipped), plus a 1.1m intercept that returned a weighted assay average of 79.18 g/t gold (including a 0.4m intercept that averaged 181 g/t gold -individual assays were 179 g/t gold and 183 g/t gold). Assay information is tabulated below. Three relatively short holes were drilled on the FDH drill pad, that targeted the steeply dipping and conformable high grade gold mineralised zone that was intersected by the former Frontier/Ok Tedi Joint Venture hole SUG002 (with 1.3m grading 27 g/t gold - announced to ASX on 4/7/2014). The mineralised zone appears to be relatively tabular with an orientation of approximately 300 degrees magnetic and a dip of about 70 degrees to the south-west, sub-horizontal with a conformable component (to the sedimentary bedding). The precise orientation of the mineralised zone is not accurately known, but it is thought that the intercepts quoted represent about 90% of true width. | |
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