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Gold Road Resources Ltd.
Summary
| Project: | Yamarna | |
|---|---|---|
| Deposit: | Smokebush, Wanderrie | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/7/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-5-2018: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its Smokebush, Wanderrie deposit at the Yamarna project. Drilling results incl. 56.25m @ 1.95g/t Au from 98.75m. Well-funded mid-tier gold development and exploration c | |
| Resources: | (Resource, Total): 156.83Mt @ 1.34g/t Au for 6.76Moz Au contained at Central Bore | |
| CP/QP: | [Overall Report]: Justin Osborne (Internal) | |
| ABSTRACT: | Well-funded mid-tier gold development and exploration company, Gold Road Resources Limited (Gold Road or the Company) is pleased to announce first assay results which have been received from the 100% Gold Road Yamarna Project 2018 exploration campaign. High-grade mineralisation has been confirmed at both the Smokebush Camp, in the former South Yamarna Joint Venture now owned 100% by the Company, and along the 14-kilometre-long Supergroup Trend in the Wanderrie Camp which starts approximately 15 kilometres to the north of the Smokebush Camp. Gold Road Executive Director - Exploration & Growth Justin Osborne commented: “First drilling of our 2018 drilling campaign at our now 100% owned South Yamarna Project has yielded immediate positive results at the Smokebush Camp, confirming high-grade mineralisation in a very prospective part of the Yamarna Belt. Approximately 15 kilometres to the north of Smokebush new zones of high-grade mineralisation, along a ~14 kilometre strike of the Supergroup Trend, also confirmed multiple areas of potential. Understanding the detailed controls in both areas, together with drill testing of high ranking targets at Toppin Hill and Yaffler South, also in this southern area, is likely to identify a district scale opportunity for follow-up drilling later this year.” | |
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