For thousands of other reports visit RSC's Mineral Intellingence Map
Gold Road Resources Ltd.
Summary
| Project: | South Yamarna JV | |
|---|---|---|
| Deposit: | South Yamarna JV | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-10-2017: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its South Yamarna JV deposit at the South Yamarna JV project. JV with Sumitomo - Drilling results incl. 15m @ 0.68g/t Au from 40m. Well‐funded mid‐tier gold develo | |
| Resources: | (Resource, Total): 156.83Mt @ 1.34g/t Au for 6.76Moz Au contained at Yamarna South | |
| 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) provides an update on recent activities completed on the South Yamarna Joint Venture tenements (South Yamarna JV) a 50:50 joint venture with Sumitomo Metal Mining Oceania Pty Ltd (Sumitomo) (Figure 1). A total of 12 Reverse Circulation (RC) and 103 aircore drill holes, for a combined total of 9,228 metres, have been completed over the Breelya‐Toppin Hill, Spearwood and Kurrajong Camp Scale Targets. The programmes aimed to follow up aircore anomalism, further infill aircore drill spacing, and to test the depth to bedrock in some areas of the tenement package. Gold Road Executive Director ‐ Exploration & Growth Justin Osborne said: “Our exploration efforts at South Yamarna continue to focus on selective testing of our priority targets. The bedrock mineralisation intersected at Yaffler South, in the Breelya‐ Toppin Hill Camp, is of particular interest, with two significant parallel shear zones delineated at both contacts of a sedimentary unit which we believe can be identified in magnetics. he strike length of 1.4 kilometres of mineralisation so far identified provides us with considerable scope for follow up drilling which will be planned for 2018, and adds to our growing portfolio of advanced drilling targets on this joint venture project”. | |
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