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GWR Group Ltd.
Summary
| Project: | Hatches Creek | |
|---|---|---|
| Deposit: | Hit or Miss | |
| Location: | Australia | |
| Commodities: | Tungsten-Copper-Molybdenum | |
| Date: | 9/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-9-2017: GWR Group Ltd. announces an Exploration/Drilling Update report for its Hit or Miss deposit at the Hatches Creek project. Amendment of drilling report - WO3 equivalents have been removed. GWR Group Limited (ASX: GWR) (“GWR” or “the Company”) adv | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Allen Maynard (Al Maynard & Associates Pty Ltd.) | |
| ABSTRACT: | GWR Group Limited (ASX: GWR) (“GWR” or “the Company”) advises an amendment to the ASX release dated 14 September 2017 where it announced assay results for 5 RC holes from the 33 hole program completed at the Hatches Creek Polymetallic (tungsten, gold, copper) Project in the Northern Territory (Figure 1). GWR had reported a W03 equivalent result for each of its significant assays given the polymetallic nature of the results to date. Based upon the metallurgical testwork already undertaken (refer ASX Release 19th January 2015, March 2015 Quarterly Report and June 2015 Quarterly Report) there is reasonable potential for the recovery of tungsten, copper and molybdenum. Although GWR has been able to determine the metallurgical recovery of tungsten with a high degree of confidence, there is insufficient test work completed to confidently estimate recoveries in respect to copper and molybdenum and therefore to report as required by the JORC 2012 Clause 50. The Company therefore, resubmits the aforementioned release with any reference to WO3 equivalent removed. | |
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