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Gascoyne Resources Ltd.
Summary
| Project: | Dalgaranga | |
|---|---|---|
| Deposit: | Gilbeys | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/31/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-7-2019: Gascoyne Resources Ltd. announces an Exploration/Drilling Update report for its Gilbeys deposit at the Dalgaranga project. Drilling results incl. 50m @ 2.9g/t Au from 140m. During the quarter, the focus for the Company continued to be on the ra | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Julian Goldsworthy (Internal) | |
| ABSTRACT: | During the quarter, the focus for the Company continued to be on the ramp up of production and optimisation of activities at the 100% owned Dalgaranga Gold Project (“Dalgaranga” or “Project”) through April and May, until new information came to hand late in May resulting in Voluntary Administrators being appointed by the Directors. Activities during the quarter at Dalgaranga focussed on safely lifting mining rates and increasing ore production from the three open pits, along with improving geological processes and models to target increased production through the 2.5Mtpa processing facility. This approach was reassessed on commencement of VA on 2 June, with mining movement rates subsequently reducing whilst the emphasis continued on ore production and geological processes and modelling, to achieve improved and more predictable metal production. | |
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