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Gold Mountain Ltd.
Summary
| Project: | Wabag | |
|---|---|---|
| Deposit: | Crown Ridge | |
| Location: | Papua New Guinea | |
| Commodities: | Gold | |
| Date: | 7/13/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-7-2018: Gold Mountain Ltd. announces an Exploration/Drilling Update report for its Crown Ridge deposit at the Wabag project. Amended drill results to include assay table. Gold Mountain Limited (“GMN”) hereby provides further information on the results | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Doug Smith (Independent) | |
| ABSTRACT: | Gold Mountain Limited (“GMN”) hereby provides further information on the results from drilling and bulk pit sampling programs at Crown Ridge, as announced to the market on 12 July 2018. This Addendum is prepared in compliance with Clause 19 of the JORC Code 2012, regarding the reporting of exploration results, and ASX Listing Rule 3.1 (Continuous Disclosure). Crown Ridge is part of the Company’s Wabag project, located in Enga Province, Papua New Guinea, within a highly prospective geological province that hosts many major gold and copper deposits (Figure 1). Of the 19 diamond core drillholes (totalling 3761.8m), drilled between 14 October 2017 and 10 June 2018, assay results have been received for three drillholes only to date (CRD001, CRD004, CRD005). Sampling of selected parts of other drill holes is in progress, but because of the need to send whole core samples, sampling cannot be undertaken until all geological logging and core photography is complete. | |
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