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Millennium Minerals Ltd.
Summary
| Project: | Nullagine | |
|---|---|---|
| Deposit: | Golden Gate | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-1-2019: Millennium Minerals Ltd. announces an Exploration/Drilling Update report for its Golden Gate deposit at the Nullagine project. Drilling results incl. 16m @ 7.06g/t Au from 87.0m. Millennium Minerals Limited (ASX: MOY) (“Millennium” or the “Comp | |
| Resources: | (not mentioned in this report) | |
| 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 further outstanding high-grade results from drilling completed late last year at the Golden Gate Mining Centre, part of its 100%-owned Nullagine Gold Project in Western Australia (Figure 4). The new results include thick, high-grade intercepts across several prospects, confirming the strong potential of this area, which is located approximately 36km north-east of the processing plant (see Figure 4), to host the next underground mine at Nullagine. The assays reported in this announcement build on the initial results announced in December (see ASX Announcement, 6 December 2018) and also demonstrate that the open pit potential of this mining centre is continuing to grow. The Company is targeting a Decision to Mine for the underground development at Golden Gate in Q1 2019, coinciding with the scheduled commissioning of the expanded sulphide plant in late Q1/early Q2 2019. | |
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