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Kalamazoo Resources Ltd.
Summary
| Project: | Castlemaine | |
|---|---|---|
| Deposit: | Mustang | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-12-2019: Kalamazoo Resources Ltd. announces an Exploration/Drilling Update report for its Mustang deposit at the Castlemaine project. Drilling results incl. 0.8m @ 19.4ppm Au from 319.8m. Kalamazoo Resources Limited (ASX: KZR) (“Kalamazoo” or the “Comp | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Luke Mortimer (Internal) | |
| ABSTRACT: | Kalamazoo Resources Limited (ASX: KZR) (“Kalamazoo” or the “Company”) is pleased to advise it has completed the first three diamond drill holes for 1,430.7m at the Mustang Prospect located within the private Pine Plantation in EL6679 of the Castlemaine Gold Project (Figure 1). A fourth hole is currently in progress and is planned to be completed ahead of the scheduled Christmas-New Year break. This maiden diamond drilling program within EL6679 is the first stage of a recently announced 10,000m program for Kalamazoo (ASX: KZR 8 November 2019). Kalamazoo Chairman and CEO, Mr Luke Reinehr said today, “We are very encouraged to have intersected what appears to be gold bearing mineralisation and visible gold at such an early stage of our initial drilling program at Castlemaine. What we learn from this campaign will assist in refining our conceptual highgrade gold model and priority targets, in addition to providing critical input into future planned geophysical surveys, advanced soil sampling exploration methods and the Stage 2 drilling program (~6,000m) in 2020.” | |
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