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Intermin Resources Ltd.
Summary
| Project: | Teal | |
|---|---|---|
| Deposit: | Teal | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 18-1-2017: Intermin Resources Ltd. announces an Exploration/Drilling Update report for its Teal deposit at the Teal project. Drilling results incl. 16m @ 4.06g/t Au from 73m. Intermin Resources Limited (ASX: IRC) (“Intermin” or the “Company”) is pleased t | |
| Resources: | (Resource, Total): 0.84Mt @ 2.67g/t Au for 71747oz Au contained at Teal | |
| CP/QP: | [Overall Report]: David O’Farrell, Simon Coxhell and Andrew Hawker (Not stated) | |
| ABSTRACT: | Intermin Resources Limited (ASX: IRC) (“Intermin” or the “Company”) is pleased to announce drilling results from the December Quarter1 reverse circulation (“RC”) and diamond drilling (“DDH”) program at the 100% owned Teal gold project located 11km northwest of Kalgoorlie-Boulder in Western Australia (Figure 2 and 7). All results have been received with drill hole collar details and significant downhole intervals > 1.0g/t Au included in Table 1. The program comprised 33 RC holes for 3,941m (maximum depth of 221.7m) and 10 HQ diamond tails for 921.3m (maximum depth of 408.4m). The program was designed to intersect gold mineralisation beneath the current Teal Stage 1 pit and south along strike (Teal South). Commenting on the program Intermin’s Managing Director, Mr Jon Price said the Teal project is demonstrating significant potential to grow both in the oxide zones along strike and the primary sulphide mineralisation at depth. “The diamond drilling, in particular, has given us a much clearer understanding of structural controls on the mineralisation and will assist with our modelling and targeting for the next drilling campaign. Teal Deeps is only just starting to show its hand and will be a key focus for the Company going forward,” he added | |
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