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Metal Bank Ltd.
Summary
| Project: | Triumph | |
|---|---|---|
| Deposit: | Bald Hill | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 9/14/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-9-2016: Metal Bank Ltd. announces an Exploration/Drilling Update report for its Bald Hill deposit at the Triumph project. Drilling results incl. 14m @ 2.6g/t Au, 34g/t Ag, 1.1% Cu from 18m. Metal Bank Limited (ASX: MBK) (MBK or the Company) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tony Schreck (Internal) | |
| ABSTRACT: | Metal Bank Limited (ASX: MBK) (MBK or the Company) is pleased to provide the following update on the recently completed shallow Reverse Circulation (“RC”) drill programme on the Triumph project in south-east Queensland, Australia. Thirteen RC holes totalling 776m were completed at the Bald Hill prospect to follow up and investigate the geometry of near surface high grade gold mineralisation intersected in previous drilling including 15m @ 10.3g/t Au, 76g/t Ag, 0.5% Cu from 9m, released in June 2016. Inés Scotland, Chair of MBK said: “The Triumph project is a genuine ‘first mover opportunity’ which we are confident has significant upside. So far, only initial drilling has been completed on two of over ten high priority targets, with both the Bald Hill and New Constitution prospects intersecting early spectacular high grade mineralisation.” | |
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