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Millennium Minerals Ltd.
Summary
| Project: | Nullagine | |
|---|---|---|
| Deposit: | Little Wonder | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/9/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 9-8-2016: Millennium Minerals Ltd. announces an Exploration/Drilling Update report for its Little Wonder deposit at the Nullagine project. Drilling results incl. 31m @ 3.44g/t Au from 29m at Little Wonder. Millennium Minerals Limited (Millennium or Compan | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Dunn (Internal) | |
| ABSTRACT: | Millennium Minerals Limited (Millennium or Company – ASX: MOY) is pleased to advise that it has intersected wide, high-grade mineralisation between, under and along strike from a series of small open pits at the Little Wonder deposit within its Nullagine Gold Project (Project) area in WA (Figure 1). The results have outlined mineralisation over an 850 m strike length (Figure 2). Significantly, higher grade intercepts remain open at depth (Figures 3, 4 and 5). Millennium will start infill and follow-up drilling at Little Wonder, where mining in the small pits finished last quarter, within the next few weeks with a view to establishing a single, larger open pit. “These results are outstanding and again demonstrate that our strategy to grow the mineral inventory and mine life at Nullagine is delivering substantial results,” Millennium Chief Executive Glenn Dovaston said. “When combined with the strong results announced recently from the initial deep drilling campaign, it is clear that there is the potential to significantly extend the existing mine life.” A drilling program commenced during July 2016 to test highly promising targets down-dip and along-strike from the Little Wonder deposits. Several high-grade and broad intercepts have been returned, confirming mineralisation at Little Wonder for approximately 850 metres beneath and between the existing pits. | |
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