For thousands of other reports visit RSC's Mineral Intellingence Map
Gindalbie Metals Ltd.
Summary
| Project: | Mt Gunson | |
|---|---|---|
| Deposit: | Emmie Bluff | |
| Location: | Australia | |
| Commodities: | Copper-Cobalt-Silver | |
| Date: | 6/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-6-2019: Gindalbie Metals Ltd. announces a Resource Estimation report for its Emmie Bluff deposit at the Mt Gunson project. Initial Exploration Target for Emmie Bluff prospect. Gindalbie Metals Ltd (Gindalbie or the Company) is pleased to deliver an ini | |
| Resources: | Exploration Target: 43.0-71.6Mt @ 0.336-1.558% Cu, 0.016-0.064% Co, 5.0-18.9g/t Ag | |
| CP/QP: | [Overall Report]: Craig Went (Mining & Process Solutions Pty Ltd.) | |
| ABSTRACT: | Gindalbie Metals Ltd (Gindalbie or the Company) is pleased to deliver an initial Exploration Target for the Emmie Bluff prospect at its Mt Gunson Copper-Cobalt project. Gindalbie is currently engaged in a farm-in with Terrace Mining Pty Ltd (Terrace), a wholly owned subsidiary of Torrens Mining Ltd (Torrens), to earn up to a 75% interest in the Mt Gunson Copper-Cobalt Project (Mt Gunson), located 135 km north of Port Augusta in South Australia. The Company notes that the potential quantity and grade of the Exploration Target is conceptual in nature, and that there has been insufficient exploration to estimate a Mineral Resource. It is uncertain whether further exploration will result in the estimation of a Mineral Resource. Gindalbie Chief Executive Officer Chris Stevens commented: “We have long believed that Emmie Bluff could represent a transformational opportunity for the Mt Gunson project, and today’s announcement continues to support that belief. We anticipate further exploration will greatly assist in refining our understanding of the prospect, and its potential impact of the project as a whole. The higher-grade Upper Layer will be of particular focus as we move into the next phase of exploration.” Two exploration programs are currently in the advanced stages of planning to test the Emmie Bluff Exploration Target. The larger of the two proposed programs will include 28 diamond drill holes with reverse circulation (RC) pre-collars holes at a nominal 400m spacing (see Figure 2, below), totalling approximately 12,000m. The primary objectives of the program will be to provide data on continuity of mineralisation between historic holes and to provide fresh drill core for geotechnical and metallurgical analysis, as well as additional bulk density measurements. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report