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Gold Road Resources Ltd.
Summary
| Project: | Yamarna | |
|---|---|---|
| Deposit: | Yamarna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/9/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-7-2018: Gold Road Resources Ltd. announces an Exploration/Drilling Update report for its Yamarna deposit at the Yamarna project. Drilling results incl. 4m @ 51.29g/t Au from 9m. Well-funded mid-tier gold development and exploration company, Gold Road Re | |
| Resources: | (Resource, Total): 143.46Mt @ 1.27g/t Au for 5.88Moz Au contained at Gruyere | |
| 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) reports receipt of positive assay results from the ongoing 2018 exploration campaigns on the 100% Gold Road Yamarna Project and the 50% Gruyere Joint Venture (Gruyere JV). Additional high-grade gold mineralisation has been intersected at both the Smokebush and Wanderrie Camps, and new gold anomalies have been defined at Tamerlane. Infill drilling as part of Pre-Feasibility Studies on the Gruyere JV supports existing resource models as well as identifying potential for higher grade zones in the Montagne Deposit. Gold Road Executive Director - Exploration & Growth Justin Osborne commented: “As we approach the half way mark of our 2018 exploration programme we continue to make good progress with our strategy to test defined bedrock mineralisation in anticipation of resource definition drilling in 2019. Of the targets tested so far this year we are particularly encouraged by the continuity and consistent high-grade mineralisation emerging from Smokebush as well as the results at nearby Wanderrie. Assay results from recently completed diamond drilling at our high priority Ibanez target in Northern Yamarna are expected in coming weeks along with assays from several other exciting targets in Southern Yamarna.” | |
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