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Kingwest Resources ltd.
Summary
| Project: | Crawford | |
|---|---|---|
| Deposit: | Crawford | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-11-2018: Kingwest Resources ltd. announces an Exploration/Drilling Update report for its Crawford deposit at the Crawford project. Drilling results incl. 7m @ 13.04g/t Au from 42m. A programme of 24 angled aircore holes for 1,204m has been completed to | |
| Resources: | (Resource, Inf.): 3.34Mt @ 0.96g/t Au for 104Koz Au contained | |
| CP/QP: | [Overall Report]: Ian Cooper (Internal) | |
| ABSTRACT: | A programme of 24 angled aircore holes for 1,204m has been completed to the east of the inferred resource of 3.34Mt @ 0.96g/t Au for 104,000 ounces contained gold, (see Kingwest Resources Prospectus dated 24 May 2018), at the Crawford deposit. 12 of the 24 holes have returned anomalous to ore grade gold results in initial 3m composite assaying. Resplit sampling on 1m intervals will occur in the coming week to more accurately define the mineralisation. The attached Table 1 lists drill hole data and anomalous gold intercepts. The plan below shows the drill hole positions in relation to the currently defined resource. Significant mineralisation has been located in 3 specific areas. A programme of 75 aircore holes, (EMAC001 to EMAC075) for 5,383m has been completed along extensions of the Emperor Structure. Results have been received for initial 3m composite sampling up to hole EMAC051. Assays remain pending for holes EMAC052 to EMAC075. The attached Table 2 lists drill hole data and anomalous gold intercepts. Drilling intersected a well developed residual ferricrete and calcrete horizon, up to 40m thick, overlying dolerite and minor sandstone. Ferricrete thickness and weathering increases to the south east. Multiple holes intersected evidence of shearing proving that the Emperor Structure is present as a shear zone of significant width. Quartz veining was intersected in association with this shearing. The attached Table 2 lists drill hole data and anomalous gold intercepts received to date. Better intercepts include: | |
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