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Intermin Resources Ltd.

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Summary

Project:

Blister Dam

Deposit:Blister Dam
Location:Australia
Commodities:Gold
Date:2/6/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-2-2018: Intermin Resources Ltd. announces an Exploration/Drilling Update report for its Blister Dam deposit at the Blister Dam project. Drilling results incl. 5m @ 4.12g/t Au from 46m. Intermin Resources Limited (ASX: IRC) (“Intermin” or the “Company”)
Resources:x
CP/QP:[Overall Report]: David O'Farrell, Simon Coxhell, Andrew Hawker (Not stated)
ABSTRACT:Intermin Resources Limited (ASX: IRC) (“Intermin” or the “Company”) is pleased to announce first pass drilling results from Intermin’s 100% owned Blister Dam gold project, located on the Zuleika and Kunanalling shear zones, 54km north west of Kalgoorlie-Boulder in Western Australia (Figures 1 and 2). The program was designed after compilation and review of the large geological data base comprising geochemical, geophysical and historic drilling datasets in order to prioritise targets for ranking and drill testing. An Induced Polarisation (“IP”) survey, geological mapping and rock chip sampling were also completed by Intermin to refine and test multiple priority targets. Of the 21 targets identified at Blister Dam, nine of these were subject to first pass drilling. The program was completed in December 2017 with 46 Reverse Circulation (“RC”) holes drilled for 4,120m to an average depth of 90m1 . Several targets occur on the highly prospective Zuleika Shear (Figure 1), where historic drill holes have intersected two distinct gold mineralisation styles: thin high grade quartz veins and shear zones hosting broad widths (>40m) of disseminated lower grade gold mineralisation. The drilling intersected mineralisation in the majority of drill holes and confirmed the dominance of ultramafic and sedimentary rock types with quartz and pyrite regularly logged. The successful campaign identified a number of new prospects including Argo, Seven Seas, Syledis, Tasman and Atlantic.

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