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Geopacific Resources Ltd.
Summary
| Project: | Kou Sa | |
|---|---|---|
| Deposit: | Prospect 190 | |
| Location: | Cambodia | |
| Commodities: | Gold-Silver | |
| Date: | 8/23/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 23-8-2016: Geopacific Resources Ltd. announces an Exploration/Drilling Update report for its Prospect 190 deposit at the Kou Sa project. Drilling results incl. 6.00m @ 3.56ppm Au, 15.48ppm Ag from 22.50m. The Board of Geopacific Resources Limited (Geopaci | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ron Heeks (Internal) | |
| ABSTRACT: | The Board of Geopacific Resources Limited (Geopacific) re-releases the announcement made on 12 August 2016 regarding exploration results for Prospect 190 Gold at the Kou Sa Project in Cambodia. The previous announcement referred to metal equivalent calculations which have been deleted from this announcement as no metallurgical test work has been completed on these exploration samples. Recent drilling encountered additional gold and silver mineralisation in the newly identified epithermal system at the Prospect 190 Gold area. The results confirm that the Prospect 190 Gold holds potential to host more significant gold mineralisation Previous results from the prospect include 7.35m @ 10.93 g/t Au & 121.65 g/t Ag in hole KDH178 – NEW GOLD DISCOVERY (released 15-Mar-16). These results are up-dip from the previous results and indicate that the zone extends upwards while also continuing to the west. The gold zone at Prospect 190 Gold remains open to the west and east with a potential open plunge to the south west. Managing Director, Ron Heeks said: “The 190 Gold zone continues to produce results extending the zones potential. Importantly the large size of the alteration suggests further potential at depth. Drilling will continue to test the zone to the west and at depth and we look forward to more positive results.” “We have an experienced team with the expertise to do justice to the projects in our portfolio and to maximise value for our shareholders. We are excited about what the future holds for Geopacific.” | |
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