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Kingwest Resources ltd.
Summary
| Project: | Menzies | |
|---|---|---|
| Deposit: | Menzies | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/27/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-11-2019: Kingwest Resources ltd. announces an Exploration/Drilling Update report for its Menzies deposit at the Menzies project. Drilling results incl. 4.92m @ 8.44g/t Au from 125.27m. Drilling at Menzies continues with recent drill access obtained for | |
| Resources: | ||
| CP/QP: | [Overall Report]: Peter Spitalny (Not stated) | |
| ABSTRACT: | Drilling at Menzies continues with recent drill access obtained for Lady Shenton and First Hit prospects. High-grade gold continues to be intersected in drilling. Importantly the deepest drill hole at the high-grade Lady Shenton Historic Gold Mine (underground production of 191,000 Oz gold at 32 g/t Au) has returned high grade gold approximately 100 meters down plunge from the nearest drill hole. This is a significant result that proves the potential to delineate additional panels of high grade ore (Kingwest exploration model). To date the programme has been successful in achieving its objectives, with high-grade gold intercepts drilled beneath previous workings or historic drilling at Selkirk, Pericles, Yunndaga and Lady Shenton. A single historic 700 metre deep hole at Yunndaga (2.4m @ 14.75g/t Au from 562m in DDH1) remains the deepest hole at Yunndaga and the Menzies Gold Project (MGP). As such, all projects drilled remain open at depth with very high-grade gold continuing. This is assisting in the establishment of a structural control model at the MGP. Kingwest Resources (“KWR”) notes other gold projects such as Bellevue which remained largely dormant for ~20 years post mining and which were re-interpreted by a new ownership group required similar drilling to be undertaken. This work will greatly benefit future drilling and KWR believes it will provide essential assistance in the planning of future resource definition drilling. | |
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