For thousands of other reports visit RSC's Mineral Intellingence Map
Latitude Consolidated Ltd.
Summary
| Project: | Mt Ida South | |
|---|---|---|
| Deposit: | Tim's Find | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-5-2017: Latitude Consolidated Ltd. announces an Exploration/Drilling Update report for its Tim's Find deposit at the Mt Ida South project. Drilling results incl. 7m @ 6.76g/t Au from 17m. WA-focused gold exploration company Latitude Consolidated Limited | |
| Resources: | (Resource, Total): 0.36Mt @ 2.6g/t Au for 30900oz Au at Tim's Find | |
| CP/QP: | [Overall Report]: Alan Downie (Not Stated) | |
| ABSTRACT: | WA-focused gold exploration company Latitude Consolidated Limited (ASX: LCD) (“Latitude” or “the Company”) is pleased to advise that the recently completed drilling program at the Tim’s Find Prospect in Western Australia has identified additional high grade gold mineralisation, with grades up to a maximum of 33.7 g/t Au (Figure 1). A total of 36 reverse circulation (“RC”) holes were drilled for 2,042 metres, with the program designed to test the potential southern strike and depth extensions of the existing Mineral Resource at the Tim’s Find Prospect. Importantly, this drilling has confirmed the continuation of the Tim’s Find mineralisation to the south (for a minimum of 450 metres) with the southern extension drilling successfully intersecting the mineralised ultramafic lithology. A total of five, 80m spaced traverses were drilled immediately south of the current resource and the majority of drill holes have returned gold grades exceeding 1.0 g/t Au. A drill hole section for 6770000mN (Holes 17LCRC030 to 032) is presented in Figure 5. The section location is annotated on the drill hole layout plan (Figure 3) and on the significant intersections plan (Figure 4). These latest drilling results have demonstrated the potential of the Tim’s Find mineralised trend. Further historical data interpretation has shown that the previous exploration completed outside the currently defined zone of mineralisation (now 1,350 metres) is very limited and in some areas in-effective. In order to fully assess the potential of the Tim’s Find trend, further exploration is warranted both north and south of the outlined mineralisation. | |
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