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Mandrake Resources Ltd.

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Summary

Project:

Berinka Pine Creek

Deposit:Berinka Pine Creek
Location:Australia
Commodities:Gold
Date:12/12/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:12-12-2019: Mandrake Resources Ltd. announces an Exploration/Drilling Update report for its Berinka Pine Creek deposit at the Berinka Pine Creek project. Assay of core drilled by previous operator, results incl. 1m @ 0.75g/t Au. Investigations into previo
Resources:x
CP/QP:[Overall Report]: Harry Mees (Not stated)
ABSTRACT:Investigations into previous exploration work conducted at the project revealed the existence of 4 diamond drill holes (ZK1701, ZK1702, ZK7801 and ZK8801) drilled by China Australia Land Resources. The NQ2 diamond core totals approximately 1,161m with zones prospective for mineralisation totaling approximately 189m submitted for assay. The identification of the core derived from the Terrys Prospect is fortuitous for Mandrake as it has provided, at very low cost to the Company, the opportunity to sample and assay various zones prospective for mineralisation as well as providing important structural and lithological information. A detailed site visit was undertaken at the Berinka Project in October 2019 targeting the Terrys Prospect as well as several other prospects in the vicinity including the Vegetation Anomaly (identified by Carpentaria Exploration Company (CEC) in the mid-1980s). The primary objectives were to establish access and conduct geological mapping and rock chip sampling. Field work was also undertaken at the Bubbles Creek Prospect, discovered by CEC in 1986. Historic CEC reports describe anomalous gold values in rock (exposed veins) and float within the Burrell Creek Sediments along a 1.3km belt in the valley of Bubbles Creek.

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