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Project: | Menzies | |
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Deposit: | Menzies | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 4/14/2020 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 14-4-2020: Kingwest Resources ltd. announces an Exploration/Drilling Update report for its Menzies deposit at the Menzies project. Drilling results incl. 3m @ 158.4g/t Au from 180m. Kingwest Resources Ltd (ASX: KWR) (“Kingwest” or “the Company”) is please | |
Resources: | ||
CP/QP: | [Overall Report]: Peter Spitalny (Not stated) | |
ABSTRACT: | Kingwest Resources Ltd (ASX: KWR) (“Kingwest” or “the Company”) is pleased to announce it has received all results from the Reverse Circulation pre-collar and shallow target drilling at the Menzies Gold Project (MGP) and that results have returned the highest grade intersections since acquisition of the project by KWR in September 2019. These support historical production figures and grades. Diamond drilling for deeper high-grade targets has now started and is ongoing. Since drilling commenced this year (ASX release 4 March 2020), 14 RC pre-collars and 10 RC drill-holes, which will not have diamond core tails, were completed for 3,402 metres. These focussed on three Exploration Target areas (ASX announcement 27 March 2020) within the MGP (Figure 1). These are First Hit, Lady Shenton and Yunndaga. Historical production from these deposits in underground operations (all completed prior to 1948) was 164k oz Au @ 32.5 g/t, 191k oz Au @ 32.3 g/t and 270koz Au @ 16 g/t respectively (ASX releases 10 September 2019 and 11 March 2020). | |
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