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GWR Group Ltd.
Summary
| Project: | Hatches Creek | |
|---|---|---|
| Deposit: | Pioneer, Treasure, Hit or Miss | |
| Location: | Australia | |
| Commodities: | Tungsten-Copper-Gold | |
| Date: | 6/14/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-6-2017: GWR Group Ltd. announces a Resource Estimation report for its Pioneer, Treasure, Hit or Miss deposit at the Hatches Creek project. Combined exploration target for Pioneer, Treasure and Hit or Miss. GWR Group Limited (ASX: GWR) (“GWR” or “the Co | |
| Resources: | Exploration target: 3.2-5.6Mt @ 0.25-0.5% WO3 at deposits | |
| CP/QP: | [Overall Report]: Allen Maynard (Al Maynard & Associates Pty Ltd.) | |
| ABSTRACT: | GWR Group Limited (ASX: GWR) (“GWR” or “the Company”) is pleased to provide an update for the Hatches Creek Tungsten Project in the Northern Territory. Following a highly successful drilling program completed in November, 2016, which confirmed multiple high-grade tungsten prospects, the Company is planning the next campaign of RC drilling, to commence in July, 2017. The program will have two parallel aims. Firstly, step out drilling will be undertaken along strike of mineralised zones at Treasure, Hit or Miss and Pioneer. The aim of this drilling is to enable sufficient drilling density to provide a maiden Mineral Resource estimate. At Treasure, the program will be following up on broad zones of tungsten and copper mineralisation including 53 m at 0.26% WO3 and 0.13% Cu, from 63 m in HCRC014 and 44 m at 0.21% WO3 and 0.12% Cu, from 55 m in HCRC013. The program at Hit or Miss will follow up the fifteen, high-grade mineralised WO3 and Cu structures identified and on wide zones such as 36 m at 0.18% WO3 and 0.24% Cu in HCRC011 from 52m and narrow high grade intersections including 2 m at 3.05% WO3 from 3 m in HCRC010. It will also target mineralised structures not previously tested but known from historical mapping and aerial photography. | |
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