For thousands of other reports visit RSC's Mineral Intellingence Map
Golden Mile Resources Ltd.
Summary
| Project: | Quicksilver | |
|---|---|---|
| Deposit: | Quicksilver | |
| Location: | Australia | |
| Commodities: | Cobalt-Scandium-Nickel | |
| Date: | 5/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-5-2018: Golden Mile Resources Ltd. announces an Exploration/Drilling Update report for its Quicksilver deposit at the Quicksilver project. Drilling results incl. 28m @ 0.86% Ni, 0.03% Co from 0m. Golden Mile Resources (ASX: G88) (“Golden Mile” or “Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Timothy Putt (Internal) | |
| ABSTRACT: | Golden Mile Resources (ASX: G88) (“Golden Mile” or “Company”) is pleased to announce that drilling continues to return significant nickel intercepts, with exploration extending the mineralised envelope to the granite boundary, west of the existing drill pattern at the Company’s Quicksilver Nickel project in the South-West Mineral Field of Western Australia. Executive Director Tim Putt said: ‘We’ve extended our drilling pattern to the west of the existing known mineralisation and continue to encounter strong nickel mineralisation in the supergene zone.’ ‘In addition, we’ve been pushing some of the holes deeper (towards 200 metres) and encountering wide intercepts of disseminated sulphides, which bodes well for the upcoming drilling program to test Anomaly One at Wyatt’s’. Drilling also included five drill holes over Anomalies 2 & 3 to facilitate Down Hole Electromagnetics (‘DHEM’) to test for the potential of massive sulphides at depth within these target areas. A number of these drill holes were also extended well into fresh rock due to the presence of sulphides in the drill chips. Wide intercepts of sulphides were observed in a number of drill holes, particularly adjacent to ‘Anomaly 3’. Sulphides included pyrite and pyrrhotite, with assaying showing this mineralisation to be anomalous in both copper (up to 520 ppm) and scandium (~40 ppm). The relevance of these sulphides to the mineralised system will be further investigated as exploration continues at Quicksilver. | |
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