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GWR Group Ltd.
Summary
| Project: | Hatches Creek | |
|---|---|---|
| Deposit: | Hit or Miss, Silver granite, Kangaroo, Treasure | |
| Location: | Australia | |
| Commodities: | Tungsten-Copper-Molybdenum | |
| Date: | 10/12/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-10-2017: GWR Group Ltd. announces an Exploration/Drilling Update report for its Hit or Miss, Silver granite, Kangaroo, Treasure deposit at the Hatches Creek project. Drilling results incl. 69m @ 0.23% WO3, 0.34% Cu, 158ppm Mo from 41m. GWR Group Limite | |
| 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”) is pleased to announce that it has received assay results for an additional 14 RC holes from the 33 hole program completed at the Hatches Creek Polymetallic (tungsten, gold, copper) Project in the Northern Territory (Figure 1). The Company will compile all data from the entire program once in receipt of all of the assay results and this ASX release has been made on the basis that the results achieved since the September 14 announcement are considered to be material. Table 1 lists all of the holes completed in August 2017, the results in this ASX release are from the Hit or Miss (Figure 3), Silver Granite, Kangaroo and Treasure prospects (Figure 2). Assays from the remaining 14 holes at Treasure, Black Diamond, Green Diamond, Bonanza and Pioneer prospects are expected in the next few weeks. All significant intercepts are listed in Table 2 and all assay results are provided in Appendix 1. As Table 2 shows with the exception of the two holes at Kangaroo all holes have achieved significant intercepts. In addition to the significant tungsten mineralisation, anomalous and significant copper is also present with sporadic molybdenite confirming the polymetallic nature of the mineralisation. | |
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