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Millennium Minerals Ltd.
Summary
| Project: | Nullagine | |
|---|---|---|
| Deposit: | Bartons | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-1-2019: Millennium Minerals Ltd. announces an Exploration/Drilling Update report for its Bartons deposit at the Nullagine project. Drilling results incl. 3.32m @ 14.09g/t Au from 151.4m. Millennium Minerals Limited (ASX: MOY) (“Millennium” or the “Comp | |
| Resources: | (Resource, Total): 21.92Mt @ 1.6g/t Au for 1.107Moz contained at Nullagine | |
| CP/QP: | [Overall Report]: Andrew Dunn (Internal) | |
| ABSTRACT: | Millennium Minerals Limited (ASX: MOY) (“Millennium” or the “Company”) is pleased to advise that it has received highly encouraging initial assay results from the extensive new program of resource in-fill and extensional drilling which commenced last year from underground drilling platforms at the Bartons deposit, part of its 100%-owned Nullagine Gold Project in Western Australia. The drilling program was designed to in-fill deeper portions of the Mineral Resources and allow conversion of the next five development levels to Ore Reserves. With the underground resource remaining open at depth, the drilling also tested for extensions of the deposit to a depth of 200m below the previously defined Mineral Resources. The drilling program was highly successful, returning a number of significant high-grade intercepts well beyond the interpreted boundary of the mineralisation, as shown in the Long Section in Figure 1 below, which shows the location of the drill holes. | |
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