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Golden Deeps Ltd.
Summary
| Project: | Abenab | |
|---|---|---|
| Deposit: | Abenab | |
| Location: | Namibia | |
| Commodities: | Vanadium-Lead-Zinc | |
| Date: | 9/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-9-2019: Golden Deeps Ltd. announces an Exploration/Drilling Update report for its Abenab deposit at the Abenab project. Drilling results incl. 23m @ 1.34% V2O5, 3.33% Pb, 1.25% Zn from 167m. Golden Deeps Limited (“Golden Deeps” or “the Company”) is tar | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Martin Bennett (Not stated) | |
| ABSTRACT: | Golden Deeps Limited (“Golden Deeps” or “the Company”) is targeting low capital and operating cost vanadium production and is pleased to provide the latest assay results from the resource definition drill program at the Company’s Abenab Vanadium, Lead and Zinc Project located in North Eastern Namibia. Golden Deeps completed a five hole diamond drilling program at Abenab in July 2019 which was designed to infill and extend the existing Abenab resource. Assay results for hole ABRCD011 have now been received. To date, four holes have been reported, leaving only the assay results for hole ABRCD012 pending. ABRCD011 was drilled to a depth of 358m and over 80m of V2O5 mineralisation above the cut-off grade was intersected. GED Chairman Michael Minosora stated “Assay results from the resource definition drilling program at Abenab continue to generate excellent results. Hole ABRCD011 has intersected multiple wide intersections of vanadium mineralisation totalling over 80m with an exceptional peak value of 7.84% V2O5, the highest so far from the Golden Deeps drill program”. | |
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