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Kingwest Resources ltd.
Summary
| Project: | Menzies | |
|---|---|---|
| Deposit: | Menzies | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/1/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Definition | |
| Report details: | 1-6-2020: Kingwest Resources ltd. announces an Exploration/Drilling Update report for its Menzies deposit at the Menzies project. Drilling results incl. 0.94m @ 36.60 g/t Au from 172.66m. Kingwest Resources Ltd (ASX: KWR) (“Kingwest” or “the Company”) is | |
| Resources: | ||
| CP/QP: | [Overall Report]: Peter Spitalny (Not stated) | |
| ABSTRACT: | Kingwest Resources Ltd (ASX: KWR) (“Kingwest” or “the Company”) is pleased to announce additional results from the ongoing diamond core programme at Yunndaga and Lady Shenton systems and commencement of Reverse Circulation (RC) drilling of the Central Zone at the Menzies Gold Project (MGP) see Figure 1. Significant assay results include 1.03m @ 25.40g/t Au from 731.47m in KWRD014 which isthe deepest hole drilled to date at Yunndaga, and the MGP. This result is highly encouraging as it lies approximately 60m below the deepest workings at Level 21which have been sampled and show wide intersections of high-grade gold (ASX release 6 February 2020). Results have reinforced the high-grade nature of gold mineralisation at Menzies and the open-ended nature of the gold deposits. Additional drilling is underway within the “Exploration Target” zone (Figure 2) previously described (ASX release 11 March 2020). With the continued success of delineating gold mineralisation and a better understanding of the controls at MGP a second drill rig (RC) has been mobilised and has commenced drilling between Lady Shenton and Yunndaga and the newly discovered, near surface ‘Stirling Lode’ at lady Shenton (Figure 3). | |
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