For thousands of other reports visit RSC's Mineral Intellingence Map
Impact Minerals Ltd.
Summary
| Project: | Commonwealth | |
|---|---|---|
| Deposit: | Silica Hill | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Zinc-Lead | |
| Date: | 8/8/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-8-2016: Impact Minerals Ltd. announces an Exploration/Drilling Update report for its Silica Hill deposit at the Commonwealth project. Drilling results incl. 60m @ 0.4g/t Au, 51g/t Ag, 0.2% Zn, 0.1% Pb from 99m. A 75 metre thick zone of vein and dissemin | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mike Jones (Internal) | |
| ABSTRACT: | A 75 metre thick zone of vein and disseminated sulphide mineralisation has been discovered at the Silica Hill Prospect within Impact Minerals Limited’s (ASX:IPT) 100% owned Commonwealth Project, 100 km north of Orange in New South Wales. The mineralisation has been intersected in Hole IPT043 from 99 metres to 174 metres down hole with assays received for the first 60 metres of the zone drilled by reverse circulation drilling. The last 15 metres of the zone has been diamond drilled with assays expected in two to three weeks. Impact Minerals’ Managing Director Dr Mike Jones said: “This new discovery by Impact at Silica Hill is a very significant development for the Commonwealth Project. It demonstrates that very thick widths and also high grades of mineralisation exist outside the Commonwealth deposit and to get an intercept like this in our early drilling at the prospect is very encouraging. Together with the very high grade intercepts of massive sulphide recently announced from the northern end of the Commonwealth deposit itself, this should lead to an increase in the project’s resource. We are now keen to test this new discovery along trend and at depth where potentially it may even connect to the underlying massive sulphide.” | |
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