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High Grade Metals Ltd.
Summary
| Project: | Schellgaden | |
|---|---|---|
| Deposit: | Schellgaden | |
| Location: | Austria | |
| Commodities: | Gold-Silver-Tungsten | |
| Date: | 2/22/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-2-2019: High Grade Metals Ltd. announces an Exploration/Drilling Update report for its Schellgaden deposit at the Schellgaden project. No significant assays returned from drilling. HGM’s flagship Schellgaden Gold Project is located within the upper Mur | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Torey Marshall (Internal) | |
| ABSTRACT: | HGM’s flagship Schellgaden Gold Project is located within the upper Mur Valley, County of Lungau in the Federal Austrian State of Salzburg. The Schellgaden North Project consists of 152 overlapping Freischürfe covering an area of 69km2 , and the Schellgaden South Project consists of 67 overlapping Freischürfe covering an area 31 km2 . During the period October to November 2018, four diamond drill holes were completed at Schellgaden. The location and grid co-ordinates for all four drill holes are given in Figure 1. en program was planned to comprise six drillholes and was designed to test the extension of the mineralisation down dip from the main Stublbau mine towards the Katschberg tunnel. The order of holes was determined based on the operational limitations of the drilling contractor, topography, weather and road access. The program commenced at the base of the main hill and was designed to progressively work its way up to the Stublbau mine. Each drillhole was planned to test down to 300m. The maximum depth of each hole was based on the approximate thickness of th | |
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