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Kalamazoo Resources Ltd.
Summary
| Project: | Snake Well | |
|---|---|---|
| Deposit: | Mixy | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/5/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 5-5-2017: Kalamazoo Resources Ltd. announces an Exploration/Drilling Update report for its Mixy deposit at the Snake Well project. Drilling results incl. 6.0m @ 6.38g/t Au from 52.0m. Emerging gold-copper exploration company, Kalamazoo Resources Limited ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Lance Govey (BinEx Consulting) | |
| ABSTRACT: | Emerging gold-copper exploration company, Kalamazoo Resources Limited (ASX: KZR) (“Kalamazoo”), today announced a likely gold mineralisation extension at its flagship gold project in Western Australia. Kalamazoo is progressing a 2,000 metre Reverse Circulation (RC) drilling program on the Mixy project (“Mixy”), which forms part of its flagship Snake Well Gold Project (Figure 1), located about 450km north of Perth in the Mid-West region. This current drilling is part of an overall works program, outlined in Kalamazoo’s Prospectus2 aimed at testing extensions of the near surface and deeper gold mineralised zones at Mixy, the site of the successful Mixy trial pit completed in early 2016. The trial produced 4,459 ozs of gold as processed through the Minjar Gold Plant, under an Ore Tolling Agreement2 . Results for the first eight RC drill holes designed to test for extensions of the Mixy quartz vein lode(s) over 250 metres to the east of the Mixy trial open pit, and at relatively shallow depths down to 60 vertical metres, from surface to oxidized material (Figures 2 to 5) have now been received. The results are from one metre samples taken over a target interval in each hole. Kalamazoo plans to review the historical drilling results throughout the Snake Well Gold Project area to assess if past drilling may not have properly tested gold potential, particularly in oxidized zones | |
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