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Gold Road Resources Ltd.
Summary
| Project: | Gruyere JV | |
|---|---|---|
| Deposit: | Gruyere JV | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-12-2019: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its Gruyere JV deposit at the Gruyere JV project. Drilling results incl. 149.6m @ 1.46g/t Au from 437.4m. Mid‐tier gold producer and exploration company Gold R | |
| Resources: | ||
| CP/QP: | [Overall Report]: Justin Osborne (Internal) | |
| ABSTRACT: | Mid‐tier gold producer and exploration company Gold Road Resources Limited (Gold Road) reports positive diamond and reverse circulation (RC) assay results (Figure 1 and Table 1) from recent exploration programmes. Gold Road Executive Director ‐ Discovery & Growth Justin Osborne commented: “We are pleased to have finished the 2019 exploration programme. We are confident the excellent results from the Gruyere extensional drilling will have a positive impact on the next Mineral Resource update anticipated in early 2020. We are in the process of reviewing the results from our ongoing Yamarna exploration which confirmed gold mineralisation in multiple locations. The work completed this year confirmed our belief in the Southern Project Area as having the greatest prospectivity. We anticipate the majority of the 2020 exploration budget will be focussed on this area with drilling scheduled to commence in January on our reranked high priority targets. | |
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