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Mantle Mining Corp. Ltd.
Summary
| Project: | Morning Star | |
|---|---|---|
| Deposit: | Stacpoole | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/20/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 20-9-2017: Mantle Mining Corp. Ltd. announces an Exploration/Drilling Update report for its Stacpoole deposit at the Morning Star project. Drilling results incl. 8m @ 3.56g/t Au from 0m. Mantle Mining Corporation Limited (ASX: MNM) (‘Mantle’ or ‘the Compa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Cahill (Not stated) | |
| ABSTRACT: | Mantle Mining Corporation Limited (ASX: MNM) (‘Mantle’ or ‘the Company’) provides the following update on its strategy to develop the high grade Morning Star and Rose of Denmark gold mines in eastern Victoria. A total of 592 metres was drilled at 15 locations, with 26 holes. The southern extension drilling confirms that the Stacpoole zone does extend further south than previously modelled. The Stacpoole zone sits immediately below the historically rich Age of Progress zone, approximately 5m below the Morning Star adit floor. A strike distance of approximately 200 metres of the Stacpoole zone has now been drilled, which represents the southern half of the Stacpoole zone and the most accessible area, either by shaft or by conventional decline. As noted in previous ASX releases, the aim of this drill program was to determine the position and degree of potential development of the Stacpoole zone, in order to guide further underground sampling and/or trial mining. Trial mining is required to provide a more accurate indication of gold grades, since drilling alone is known to significantly underestimate gold grades at Morning Star historically. As an example of this, the documented average grades from production on the Burns zone at Morning Star were more than ten times higher than the grades encountered in drilling. | |
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