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Gold Road Resources Ltd.
Summary
| Project: | South Yamarna JV | |
|---|---|---|
| Deposit: | Yaffler South, Kingston North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-12-2017: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its Yaffler South, Kingston North deposit at the South Yamarna JV project. JV with Sumitomo - Drilling results incl. 12m @ 1.60g/t Au from 60m. Well‐funded mid tier | |
| 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) provides the following update on the 2017 greenfields exploration drilling campaign 1 on the Yamarna tenements (Figure 1). The Yamarna tenements comprise North Yamarna (100% Gold Road), South Yamarna Joint Venture (South Yamarna JV) a 50:50 joint venture with Sumitomo Metal Mining Oceania Pty Limited (Sumitomo), and the Gruyere Project Joint Venture (Gruyere JV) a 50:50 joint venture with Gold Fields Limited (Gold Fields). Gold Road Executive Director ‐ Exploration & Growth Justin Osborne said: “We have closed out the year with another round of significant results from both our bedrock drilling and aircore programmes, generating momentum for the 2018 drill campaign on a number of new gold targets. The Gold Road exploration team has had a very successful year in completing our planned programmes on budget and delivering results that give us confidence in our targeting practices and exploration methodologies. We are looking forward to a drilling break over the summer period to collate the results of this year’s work to reassess and reaffirm the priorities for 2018.” | |
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