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Hillgrove Resources Ltd.
Summary
| Project: | Kanmantoo | |
|---|---|---|
| Deposit: | Kavanagh Underground | |
| Location: | Australia | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 10/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-10-2019: Hillgrove Resources Ltd. announces a Resource Estimation report for its Kavanagh Underground deposit at the Kanmantoo project. Initial resource for Central and East Kavanagh underground. Hillgrove Resources Limited (ASX:HGO, the “Company”) adv | |
| Resources: | (Resource, I+I): 957Kt @ 1.7% Cu, 0.14g/t Au, 3.8g/t Ag at Kavanagh UG | |
| CP/QP: | [Resources]: Peter Rolley (Internal) | |
| ABSTRACT: | Hillgrove Resources Limited (ASX:HGO, the “Company”) advises that a new Mineral Resource Estimate has been prepared for the Central and East Kavanagh underground area at the Kanmantoo Copper Mine in accordance with The JORC Code 2012 Edition. The underground Mineral Resource Estimate has incorporated the 2019 diamond drilling results (KTDD187* as released on 10 October 2019) with the earlier 2006 diamond drill results in the area, specifically diamond drill holes KTDD027, 029, 071 and 149. The estimate does not include any pre-2004 drilling, previously identified as the KS* drill holes drilled in 1960 -1976. All diamond drill core from the 2019 drill program has been logged lithologically, structurally, and geotechnically. Overall, core recovery was > 98% and RQD > 98%. In addition 73 bulk density recordings were collected to add to the previous density data set and re-affirm the validity of the assigned 3.1 t/m3 bulk density used for the estimation. | |
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