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Kalamazoo Resources Ltd.
Summary
| Project: | Snake Well | |
|---|---|---|
| Deposit: | A-Zone | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 10/23/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-10-2017: Kalamazoo Resources Ltd. announces an Exploration/Drilling Update report for its A-Zone deposit at the Snake Well project. Re-assaying historic drill holes with XRF gives 18m @ 0.46% Cu,0.36% Zn, 0.12% Pb. Emerging gold and base metal explorat | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Lance Govey (BinEx Consulting) | |
| ABSTRACT: | Emerging gold and base metal exploration company, Kalamazoo Resources Limited (ASX: KZR) (“Kalamazoo”), provides the following update on its assessment of the VHMS (Volcanogenic-Hosted Massive Sulphide) base metal potential at its A-Zone Project (“AZone”) and along the 25km of strike of the felsic stratigraphy within the project area (Figure 1). Kalamazoo reported significant results for base metals from A-Zone (Refer to ASX announcement dated 23 June 2017) resulting from the re-assay of sample pulps from the Minjar Gold Pty Ltd reverse circulation drilling program, completed earlier this year. Kalamazoo has subsequently compiled multi-element data from historic exploration drill holes with the objective of determining whether metal zoning is apparent that could be consistent with a ‘typical’ VHMS system. This work has identified a mainly Cu-Pb anomaly within a 3.5 km zone including and surrounding the A-Zone gold resource. Historically, very few of the historic holes were analysed for zinc and hence no zonation for zinc can currently be defined. Results of this work are summarised in Figure 2 and discussed below. Work completed included use of a portable X-ray fluorescence analyser (“XRF”) to test for Cu, Pb and Zn and a range of other trace elements on portions of the Minjar drilling that were not previously analysed for base metals, and spectral studies (“ASD”) to determine what, if any, alteration types and zoning may be present that are indicative of a VHMS system. Preliminary XRF results have been received and ASD scans have been completed with interpretation of their significance pending. | |
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