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Great Western Exploration Ltd.
Summary
| Project: | Yandal West | |
|---|---|---|
| Deposit: | Yandal West | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/16/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-7-2019: Great Western Exploration Ltd. announces an Exploration/Drilling Update report for its Yandal West deposit at the Yandal West project. Drilling results incl. 3m @ 1.01g/t Au from 51m. Great Western Exploration Limited (“Great Western” or “the C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jordan Luckett (Internal) | |
| ABSTRACT: | Great Western Exploration Limited (“Great Western” or “the Company”) has received initial results from recently completed RC drilling at the Ives Find prospect within its Yandal West gold project. These are the assay results for the preliminary 4m interval samples (“4m samples”) as well as the initial 1m interval sampling (“1m samples”) that were selected at the time of drilling. There were no significant results from the 4m samples, however structures with gold anomalism were encountered and the company will resample these at 1m intervals. The 4m samples are preliminary results used by the company to first identify the gold mineralised zones in the drilling. The identified gold zones are then resampled at 1m intervals and analysed using the fire assay technique which provides a more accurate estimate of the width and grade of these zones. At the Duck lode two holes were completed, a deeper hole (IFRC081) to test the lode at approximately 100m vertical depth and a second hole (IFRC082) 75m along interpreted strike to the east. The drilling intersected gold mineralisation in both holes, including 1m @ 0.5 g/t gold from 117m and 3m @ 1.01 g/t gold from 51m respectively. The Company is interpreting these results as the continuation of the Duck Lode structure, meaning that the area of known gold mineralisation has increased and, importantly, indicates the structure remains open in all directions (Fig 4 & 5). The deep hole designed to test the depth extension (~200m vertical depth) of the Bell Miner lode structure unfortunately failed to reach its target zone. The hole intersected a mafic schist that resulted in the hole steepening significantly and as a result did not get the lateral coverage that it was designed for. At the very end of this hole (248m to 252m EOH) there is gold anomalism associated with strongly altered granite similar to what is observed up dip, indicating the gold system is continuing at depth and that the hole did not reach its intended target. | |
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