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Laneway Resources Ltd.
Summary
| Project: | Agate Creek | |
|---|---|---|
| Deposit: | Agate Creek | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/14/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-1-2019: Laneway Resources Ltd. announces an Exploration/Drilling Update report for its Agate Creek deposit at the Agate Creek project. Drilling results incl. 4.50m @ 91.70g/t Au from 5.0m. Executive Chairman Stephen Bizzell stated: “These results are | |
| Resources: | (Resource, Total): 8.2Mt @ 1.4g/t Au for 381000oz Au contained (Project total) | |
| CP/QP: | [Overall Report]: Scott Hall (Internal) | |
| ABSTRACT: | Executive Chairman Stephen Bizzell stated: “These results are particularly pleasing and further validate and highlight the potential of the Agate Creek Gold Project. With the Company awaiting the expected near term granting of the mining lease and with all other key components in place to begin commercial extraction, we anticipate a strong year for Laneway. The Company anticipates the Agate Creek high grade mining venture will establish a robust financial platform to progress its considerable asset portfolio“. Chief Operating Officer Scott Hall “We see this as further strong validation of the Agate Creek project both the high-grade deposit and the broader group of concessions. There are several highly compelling targets at Agate Creek which we would like to follow up. We are excited as to the next few years at Laneway and Agate Creek in particular”. | |
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