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Kalamazoo Resources Ltd.
Summary
| Project: | Snake Well | |
|---|---|---|
| Deposit: | A-Zone | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 6/23/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-6-2017: Kalamazoo Resources Ltd. announces an Exploration/Drilling Update report for its A-Zone deposit at the Snake Well project. Drilling results incl. 15m @ 2.85g/t Au, 0.25% Cu, 0.33% Pb, 1.23% Zn, 17.7g/t Ag from 59m. Emerging copper-gold explorat | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Lance Govey (BinEx Consulting) | |
| ABSTRACT: | Emerging copper-gold exploration company, Kalamazoo Resources Limited (ASX: KZR) (“Kalamazoo”), today reported “very significant” base metals results from its A-Zone Gold Project (“A-Zone”) in Western Australia. This follows the completion by Minjar of a maiden 75 hole Reverse Circulation (“RC”) and diamond drilling program for 3,375 metres at A-Zone, which forms part of Kalamazoo’s wholly-owned Snake Well Gold Project (Figure 1), located about 450km north of Perth in the Mid-West region. The drilling program tested the spatial location of the gold mineralised lodes and general gold grade ranges previously indicated by historical drilling. These drilling results were previously announced to the ASX on 29 March, 2017 and 11 April, 2017 and have been utilised by Kalamazoo to upgrade the Mineral Resource estimate at A-Zone (announced to the ASX on 2 nd June, 2017). However, as Minjar was only focused on oxide gold, a re-assay program was undertaken to validate historic levels of elevated silver, copper, lead and zinc at A-Zone, using samples (pulps) from this 2017 drill program. Kalamazoo’s flagship gold asset is the Snake Well Project, which is located 450km north of Perth in the MidWest region. It consists of five granted mining leases, one granted exploration licence and two exploration licence applications. The Snake Well Project covers Archaean rocks over an area of approximately 263km2 and a 45km prospective strike length of the Tallering greenstone belt, in the western portion of the Murchison Domain that hosts a number of significant mineral deposits including Golden Grove (Cu-Zn), Big Bell (Au), Cue (Au), Deflector (Cu-Au) and Mt Magnet (Au). | |
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