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Hillgrove Resources Ltd.
Summary
| Project: | Kanmantoo | |
|---|---|---|
| Deposit: | South Hub Target | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 9/27/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 27-9-2019: Hillgrove Resources Ltd. announces a Resource Estimation report for its South Hub Target deposit at the Kanmantoo project. Exploration Target range for South Hub. Further to the previously announced strategy to optimise the value from the Cu-Au | |
| Resources: | Exploration Target: 4 - 9Mt @ 1.2 - 2.2% Cu and 0.1 - 0.3g/t Au | |
| CP/QP: | [Overall Report]: Peter Rolley (Internal) | |
| ABSTRACT: | Further to the previously announced strategy to optimise the value from the Cu-Au mineralisation immediately south of the Giant open pit1 the Board of Hillgrove Resources Limited (Hillgrove, the Company) (ASX:HGO) is pleased to announce that the Company has compiled an Exploration Target2 for those zones that have demonstrated continuity of the higher grade Cu-Au mineralisation that has been mined from the Emily Star and Nugent Cu-Au open pits and their near vicinity. This Exploration Target is termed the South Hub Target and includes the previously announced Nugent Exploration Target (25th May 2017). The South Hub Exploration Target is in addition to the previously announced Kavanagh Exploration Targets under the Giant Pit which are currently being evaluated via a drilling program and consequent resource study as announced 20 June 2019. These results are expected in the next quarter. | |
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