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Metalicity Ltd.
Summary
| Project: | Kookynie | |
|---|---|---|
| Deposit: | Leipold, McTavish | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/10/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-7-2020: Metalicity Ltd. announces an Exploration/Drilling Update report for its Leipold, McTavish deposit at the Kookynie project. Drilling results incl. 8m @ 4.05g/t Au from 59m. Metalicity Limited (ASX: MCT) (“MCT” or “Company”) is pleased to announc | |
| Resources: | x | |
| CP/QP: | [Overall Report] Jason Livingstone (Internal) | |
| ABSTRACT: | Metalicity Limited (ASX: MCT) (“MCT” or “Company”) is pleased to announce the remaining significant results 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 all assays for the Phase One Drilling Programme, which has confirmed outstanding and extensive high grade, near surface gold mineralisation at the Leipold and McTavish Prospects. We, with our joint venture partner, Nex Metals (ASX:NME), will be returning to Leipold and McTavish to continue to expand the mineralisation observed as part of a larger, more aggressive drilling programme on the week starting 20 July 2020. 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, please refer to Figure One. The table below summarises the significant intercepts from the remaining 15 of the 44 drill holes for a total of 2,255 metres, from this recent drilling programme at Leipold and McTavish | |
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