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Manhattan Corp. Ltd.
Summary
| Project: | Tibooburra | |
|---|---|---|
| Deposit: | Tibooburra | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/25/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-6-2020: Manhattan Corp. Ltd. announces an Exploration/Drilling Update report for its Tibooburra deposit at the Tibooburra project. Drilling results incl. 7m @ 18.16g/t Au from 87m. Manhattan Corporation Limited (“MHC” or “Company”) is pleased to report | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] Kell Nielsen (Internal) | |
| ABSTRACT: | Manhattan Corporation Limited (“MHC” or “Company”) is pleased to report preliminary results from its recently completed Maiden RC Drilling programme at the Tibooburra Gold Project located in north-western NSW. Thirty-two (32) Reverse Circulation Drill (RC) Holes (NB0001-0032) were completed for 3,020 metres. In addition to the planned programme, a further two RC Holes (NB0023-24, Figure 1 & 3) were completed approximately 250 metres to the west of the main zone to test shallow anomalism reported in historic RAB drilling. The two southern holes returned intense and extensive quartz veined, silica, sericite and pyrite alteration zones (Figure 2) of much greater intercepted thickness to that encountered from drilling completed within the main zone. Results from these precursory holes, include Drilling completed on the historic line (“Main Zone”) at New Bendigo confirmed and strengthened the initial structural interpretation of a series of north plunging high grade shoots with a broader lower grade envelope. The limited drilling has defined the potential for at least three separate plunging shoots within the north and southern areas, which are open at depth (Figure 4). | |
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