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Golden Deeps Ltd.

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Summary

Project:

Abenab

Deposit:Abenab
Location:Namibia
Commodities:Vanadium-Copper-Lead-Zinc
Date:9/6/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-9-2019: Golden Deeps Ltd. announces an Exploration/Drilling Update report for its Abenab deposit at the Abenab project. Drilling results incl. 2m @ 1.42% V2O5, 3.33% Pb, 1.15% Zn from 0m. Golden Deeps Limited (“Golden Deeps” or “the Company”) ASX: GED w
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Martin Bennett (Not stated)
ABSTRACT:Golden Deeps Limited (“Golden Deeps” or “the Company”) ASX: GED which is targeting low cost vanadium production, is pleased to provide the following update on the Company’s recent Reverse Circulation (RC) drilling programme conducted at the Abenab Vanadium, Lead and Zinc Project located in North Eastern Namibia. GED Chairman Michael Minosora stated “The extension of the area of surface mineralised materials potentially extends the life of the initial operations at the Abenab Project at a very low cost is very positive for the economics of the Project”. The Company completed seven shallow RC holes (ABRC021-27) at the Abenab Project in July (Figure 1) to test for extensions to the surface mineralised material surrounding the historic open pit and mill at Abenab. The drilling was conducted on an approximate 100m x 100m grid in an area to the northeast of the open pit. The holes were drilled vertically to a maximum depth of 6m.

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