For thousands of other reports visit RSC's Mineral Intellingence Map
Gold Road Resources Ltd.
Summary
| Project: | North Yamarna | |
|---|---|---|
| Deposit: | YAM14 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/21/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-6-2016: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its YAM14 deposit at the North Yamarna project. Drilling results incl. 3.05m @ 4.89g/t Au from 138m at YAM14. Gold Road Resources Limited (Gold Road or the Company) is | |
| Resources: | ||
| CP/QP: | [Overall Report]: Justin Osborne (Internal) | |
| ABSTRACT: | Gold Road Resources Limited (Gold Road or the Company) is pleased to announce that an initial programme of diamond drilling at the YAM14 Prospect has intersected high-grade primary gold mineralisation in a discrete shear zone below previous Reverse Circulation (RC) drilling. Diamond drill hole 16DHDD0002 intersected 3.05 metres at 4.89 g/t Au from 137.68 metres in a very strong sulphide alteration assemblage, with minor visible gold and narrow quartz veins (Figure 1). The YAM14 Prospect is located in the South Dorothy Hills Camp, approximately nine kilometres south of the 6.2 million ounce Gruyere Deposit, within the granted mining lease, and occurs within the same Dorothy Hills Shear Zone which hosts the Gruyere deposit. YAM14 was discovered in October 2013 as part of the drilling programme that discovered the Gruyere Deposit. Although drilling has been limited since the initial discovery programme, YAM 14 now assumes a high priority due to its relative proximity to Gruyere. Gold mineralisation extends over a strike length of 850 metres and remains open to the north and south, and at depth. The high‐grade intercept in 16DHDD0002 is located on the current northern most drill section, with the next closest drill traverse located one kilometre to the north in the Toto Prospect area (Figure 2). | |
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