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Impact Minerals Ltd.
Summary
| Project: | Clermont | |
|---|---|---|
| Deposit: | Clermont | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Zinc-Lead-Copper-Bismuth | |
| Date: | 4/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-4-2019: Impact Minerals Ltd. announces an Exploration/Drilling Update report for its Clermont deposit at the Clermont project. Drilling results incl. 2.3m @ 4g/t Au, 59g/t Ag, 3% Zn, 1.8 Pb, 0.3% Cu, 100ppm Bi. A two kilometre long target zone for high | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mike Jones (Internal) | |
| ABSTRACT: | A two kilometre long target zone for high grade shoots of epithermal gold-silver-base metal mineralisation has been identified at Impact Minerals Limited’s (ASX:IPT) 100% owned Clermont gold project located in a prolific epithermal-intrusion related gold-silver belt in central Queensland, host to world class gold deposits such as Pajingo (Vera-Nancy) (>5 Moz of gold produced), Mt Leyshon (>3 Moz) and Mt Wright (>1 Moz) (Figures 1 and 2). The target has been identified from a pattern of strong metal zonation in drill hole assay data over at least 4 kilometres of strike of the Retro Fault Zone and a stand out drill intercept of high grade gold-silverbase metals at the southern edge of the target (Figures 1 and 2). The metal zonation is characteristic of epithermal mineralisation directly related to magmatic fluids released from a porphyry intrusion of intermediate composition and similar to the zonation associated with the world class Pachuca polymetallic mining district in Mexico. In addition the vein system has a strong structural control and the focus of future drilling will be to identify thicker high grade shoots along the Retro Fault Zone. | |
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