For thousands of other reports visit RSC's Mineral Intellingence Map
Kingwest Resources ltd.
Summary
| Project: | Menzies | |
|---|---|---|
| Deposit: | Menzies | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-12-2019: Kingwest Resources ltd. announces an Exploration/Drilling Update report for its Menzies deposit at the Menzies project. Drilling results incl. 2.3m @ 17.9g/t Au from 99.65m. Kingwest Resources Limited (“Kingwest” or “KWR”) is pleased to provide | |
| Resources: | (Resource, I+I): 2.42Mt @ 2.2g/t Au at MGP | |
| CP/QP: | [Overall Report]: Peter Spitalny (Not stated) | |
| ABSTRACT: | Kingwest Resources Limited (“Kingwest” or “KWR”) is pleased to provide an update on drilling at the Menzies Gold Project (MGP). The programme has been successful in integrating information and understanding obtained in the first pass drilling at Yunndaga and using this to target additional successful drilling as contained in this release. These recent results from Yunndaga are examples of the rapid increase in geological understanding and the application of the geological model to improve drill targeting. The discovery of a ‘blind’ parallel footwall lode to the historically mined Princess May lode at Yunndaga is exciting. At Yunndaga ten holes have been completed (KWD011 - KWD016, KWD031 - 034) by Kingwest for a total of 3,124 metres. Assays for KWD011 – 016 were reported on November 27, 2019 (ASX: KWR). KWD031 – 034 are located closer to or within the historic Princess May lode which has been mined to 600 vertical metres. The deepest historic drilling at Menzies targeting an extension of the Princess May shoot at Yunndaga returned 2.4m @ 14.7 g/t Au from 558.9m in DDH1 (Figure 1). Kingwest considers that depth potential persists across the project at the other high-grade lodes. Significant results from these latest drill holes include: 1.3m @ 19.82g/t Au from 92.0m, inc. 0.3m @ 64.4g/t Au from 92.3m in KWD032 (in hanging wall of Princess May stope at Yunndaga) and 2.28m @ 17.87g/t Au from 99.65m, inc. 1.20m @ 33.80g/t Au from 99.65m in KWD032 (new footwall lode beneath Princess May workings at Yunndaga) (Figures 1 and 2). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report