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| Project: | South Yamarna JV | |
|---|---|---|
| Deposit: | Smokebush | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-1-2017: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its Smokebush deposit at the South Yamarna JV project. JV with Sumitomo - drilling results incl. 19m @ 3.17g/t Au from 55m. Following completion of the Gruyere Project | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Justin Osborne (Internal) | |
| ABSTRACT: | Following completion of the Gruyere Project Joint Venture (GJV) transaction with Gold Fields Ltd (Gold Fields) in December 2016, Gold Road Resources Limited (Gold Road or the Company) can now refocus activities on its core strength of discovering gold deposits on the Yamarna Greenstone Belt. Gold Road is also pleased to announce results of the final regional diamond, Reverse Circulation (RC) and aircore drilling programmes for 2016 providing immediate follow‐up targets to be further tested in 2017. The Company has also received assay results from RC and aircore drilling programmes completed on the Riviera‐ Smokebush Camp Scale Target (Camp #5) within the SYJV tenements, owned 50:50 by Gold Road and Sumitomo Metal Mining Oceania Pty Limited (Sumitomo), which were highlighted by high‐grade RC results at the Smokebush Prospect (best intersection of 19 metres at 3.17 g/t Au from 55 metres, including 2 metres at 8.76 g/t Au in hole 16SYRC0087). | |
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