For thousands of other reports visit RSC's Mineral Intellingence Map
Impact Minerals Ltd.
Summary
| Project: | Commonwealth | |
|---|---|---|
| Deposit: | Commonwealth, Walls | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Zinc-Lead-Copper | |
| Date: | 6/30/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-6-2016: Impact Minerals Ltd. announces an Exploration/Drilling Update report for its Commonwealth, Walls deposit at the Commonwealth project. Drilling results incl. 7m @ 6.3g/t Au, 496g/t Ag, 7.2% Zn, 2.9% Pb, 0.2% Cu from 91m. Impact Minerals’ current | |
| Resources: | (Resource, Inf.): 720Kt @ 4.5g/t AuEq. for 110000oz AuEq. contained at Commonwealth | |
| CP/QP: | [Overall Report]: Mike Jones (Internal) | |
| ABSTRACT: | Impact Minerals’ current drill programme of up to 3,000 m is testing a significant number of targets that have been identified by Impact at four separate locations: the Commonwealth deposit, Welcome Jack Trend, Silica Hill and Doughnut (Figure 7). Assays for three drill holes designed to test for extensions to the Commonwealth resource at Impact Minerals Limited’s (ASX:IPT) 100% owned Commonwealth Project 100 km north of Orange in NSW have confirmed further high grade gold, silver and base metal mineralisation down plunge and along trend. A very high grade drill intercept of massive sulphide at Main Shaft and other high grade intercepts from Commonwealth South have extended the Commonwealth deposit for at least 30 to 40 metres along trend, up dip and down plunge to the south. The mineralisation is still open. These results, and the extension of the massive sulphide in particular, indicate the potential to significantly increase the Inferred Resource at Commonwealth. The maiden drill hole at the Walls Prospect located 1.2 km east of Commonwealth has identified a 20 metre thick zone (true width) of gold and silver mineralisation. The Walls prospect occurs at the southern end of the Welcome Jack Trend over a strike length of at least one kilometre and has never been drill tested (Figures 4 and 5). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report