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Transaction Announcement Reports
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Project: | Kilembe | |
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Deposit: | Kilembe | |
Location: | Uganda | |
Commodities: | Gold-Silver-Copper | |
Date: | 1/21/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 21-1-2020: Jervois Mining Ltd. announces an Exploration/Drilling Update report for its Kilembe deposit at the Kilembe project. Drilling results incl. 9.90m @ 1.37g/t Au from 29m. Jervois Mining Limited (the “Company” or “Jervois”) (ASX:JRV) (TSX-V: JRV) ( | |
Resources: | x | |
CP/QP: | [Overall Report]: David Selfe, Dean Besserer (Internal) | |
ABSTRACT: | Jervois Mining Limited (the “Company” or “Jervois”) (ASX:JRV) (TSX-V: JRV) (OTC:JRVMF) (FRA:IHS) is pleased to provide an update on drill programmes at its Kilembe and Bujagali area properties in central and western Uganda, following partial receipt of confirmed assays from 2019 exploration. Drilling at the Kilembe Area Properties targeted surficial Au-Cu mineralization detected through earlier geochemical programmes. In total, 1,905 metres of diamond drilling was completed in 17 holes drilled at the Kilembe Area Properties. The drill hole locations are shown in Figure 1 and the drilling result highlights are in Table 1. Kilembe drilling has recommenced after the year end period and basis the early but positive results is expected to continue across 1H 2020. Further groundwork at the Kilembe Area Properties, including ground geophysics; soil and rock chip sampling, and prospecting have extended the strike length of mineralization at surface to over 6.0km, of which only 1.5km has been tested. Newly discovered rock chip sample highlights include: 41 g/t Au; 20.5 g/t Au; 10.3 g/t Au and 9.8 g/t Au. The surface rock chip samples are summarized in Table 2 and are shown on Figure 2. Exploration planned during Q1 2020 within the Kilembe Area properties includes ground geophysics and further drilling. These initial results are currently being used to prepare field plans for 1H 2020. | |
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