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Gascoyne Resources Ltd.
Summary
| Project: | Dalgaranga | |
|---|---|---|
| Deposit: | Gilbeys, Hendricks | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/9/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 9-6-2016: Gascoyne Resources Ltd. announces an Exploration/Drilling Update report for its Gilbeys, Hendricks deposit at the Dalgaranga project. Drilling results incl. 76m @ 1.1g/t Au from 230m. Gascoyne Resources Limited (“Gascoyne” or “Company”) is pleas | |
| Resources: | (Reserve, P+P): 10.1Mt @ 1.4g/t Au for 442000oz Au contained at Dalgaranga | |
| CP/QP: | [Overall Report]: Julian Goldsworthy (Internal) | |
| ABSTRACT: | Gascoyne Resources Limited (“Gascoyne” or “Company”) is pleased to report on assay results received from exploration and feasibility drilling activities at its 80% owned Dalgaranga Gold Project in the Murchison region of Western Australia. The Dalgaranga Gold Project contains a Measured, Indicated and Inferred Resource of 23.7Mt @ 1.4 g/t gold for 1.05 million ounces of contained gold including an initial Proved and Probable Ore Reserve of 442,000 ounces of gold (see Figure 1 & 2 & Table 4 & 5). Dalgaranga Drilling Update: As announced to the ASX on May 24th 2016, an aggressive drill programme is underway on site at Dalgaranga. The drilling is a combination of regional RC and Aircore exploration drilling at the Hendricks, Beefeater, Vickers and Gilbeys South prospects, as well as RC and diamond resource drilling at the Gilbeys and Golden Wings Deposits (see Figure 2). Gascoyne is pleased to advise that it has received initial results from this drilling programme at the Hendricks and Beefeater prospects, and Gilbeys deposit. | |
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