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Gateway Mining Ltd.
Summary
| Project: | Edjudina | |
|---|---|---|
| Deposit: | Hornet | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/21/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Definition | |
| Report details: | 21-5-2020: Gateway Mining Ltd. announces an Exploration/Drilling Update report for its Hornet deposit at the Edjudina project. Re-assayed results incl. 7m @ 1.4g/t Au from 40m. DiscovEx Resources Limited (ASX:DCX) is delighted to confirm that follow-up wo | |
| Resources: | x | |
| CP/QP: | [Reserve] n/a (n/a) | |
| ABSTRACT: | DiscovEx Resources Limited (ASX:DCX) is delighted to confirm that follow-up work at the Hornet Prospect in the southern Laverton District of Western Australia indicates the potential for a major new gold discovery in the region. Single metre re-split sampling conducted recently, following DCX’s maiden target definition AC drilling programme at Hornet, has confirmed the high-grade gold mineralisation present in several end of hole intersections is within weathered, primary bedrock. Panning of these intervals has also produced fine grained visible gold providing further confidence that the mineralisation is in-situ and potentially amenable to conventional processing (yet to be confirmed with cyanide leach assay testing). The DiscovEx team plans to continue aircore drilling at Hornet as soon as a rig becomes available. “It’s such an exciting time to be involved in a greenfields project in a largely overlooked area of the Laverton District. I was recently on site soil sampling and was panning gold from our drill-holes, the feeling of seeing gold in the pan is like nothing else, it’s fantastic!” said Managing Director, Bradley Drabsch. | |
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