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Project: | Teal | |
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Deposit: | Jacques Find | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 11/29/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 29-11-2017: Intermin Resources Ltd. announces an Exploration/Drilling Update report for its Jacques Find deposit at the Teal project. Drilling results incl. 27m @ 4.16g/t Au from 45m. Intermin Resources Limited (ASX: IRC) (“Intermin” or the “Company”) is | |
Resources: | (Resource, Inf.): 0.26Mt @ 3.22g/t Au for 26,680Oz contained at Jacques Find | |
CP/QP: | [Overall Report]: Simon Coxhell, David O'Farrell, Andrew Hawker (Not stated) | |
ABSTRACT: | Intermin Resources Limited (ASX: IRC) (“Intermin” or the “Company”) is pleased to announce further exciting reverse circulation (“RC”) drilling results from the 100% owned Teal gold project located 11km northwest of Kalgoorlie-Boulder in Western Australia (Figure 4). Five RC holes for 648m were completed at the Jacques Find discovery to follow up the highly encouraging RC drilling results announced to the ASX on 15 November 2017 including 26m @ 7.81g/t Au from 48m and 16m @ 5.33g/t Au from 86m in hole JFRC1704 (Figure 2). Four of the latest holes targeted oxide-transitional mineralisation zones and one hole was completed as a re-entry of hole JFRC1701 which was interpreted to have finished short of the target zone. All holes intercepted significant mineralisation beyond the extent of the current Mineral Resource envelope which remains open in all directions. Hole JFRC1711 was drilled 20m north of JFRC1704 and returned another outstanding intercept of 27m @ 4.16g/t Au from 45m. The result is significant as it is high grade, located within the strongly oxidised weathering profile and demonstrates the potential to define an oxide Resource (Figure 1). Hole JFRC1713 was located 30m south of JFRC1704 and intersected 1m @ 9.53g/t Au from 62m and 10m @ 2.59g/t Au from 71m and hole JFRC1712 was located 25m east of JFRC1704 and returned 2m @ 3.38g/t Au from 31m. | |
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