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Project: | Kookynie | |
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Deposit: | Kookynie | |
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: Metalicity Ltd. announces an Exploration/Drilling Update report for its Kookynie deposit at the Kookynie project. Drilling results incl. 4m @ 16.3g/t Au from 42m. Metalicity Limited (ASX: MCT) (“MCT” or “Company”) is pleased to announce the ret | |
Resources: | x | |
CP/QP: | [Overall Report] Jason Livingstone (Internal) | |
ABSTRACT: | Metalicity Limited (ASX: MCT) (“MCT” or “Company”) is pleased to announce the return of spectacular first assays from June 2020 Phase One drilling programme at the Kookynie Gold Project* in the Eastern Goldfields, Western Australia, approximately 60 kilometres south southwest of Leonora. Metalicity has received assays for the first 11 holes of a 44-hole initial program, which has confirmed significant and extensive high grade, near surface gold mineralisation at the Leipold Prospect. 33 drill holes are pending results which are due for release in the coming weeks. The Kookynie Project is host to seven, significant prospects; Champion, McTavish, Leipold, Diamantina, Cosmopolitan and Cumberland (collectively known as the DCC Trend), and finally, the Altona Trend 1.5 kilometres east of the DCC Trend. The table below summarises the significant intercepts from the 11 returned drill holes of the 34 completed drill holes from this recent drilling programme at Leipold. A further 10 holes were drilled at McTavish, for a total of 44 holes for 2,255 metres: | |
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