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Millennium Minerals Ltd.
Summary
| Project: | Nullagine | |
|---|---|---|
| Deposit: | Sunday | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/27/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 27-8-2018: Millennium Minerals Ltd. announces an Exploration/Drilling Update report for its Sunday deposit at the Nullagine project. Amended previous report to include table of resources at the project. Millennium Minerals Limited (ASX: MOY) (“Millennium” | |
| Resources: | (Resource, Total): 21.92Mt @ 1.6g/t Au for 1.107Moz contained at Nullagine | |
| CP/QP: | [Overall Report]: James Farrell (Internal) | |
| ABSTRACT: | Millennium Minerals Limited (ASX: MOY) (“Millennium” or the “Company”) is pleased to advise that it has identified a major new greenfields exploration target in close proximity to the large-scale Golden Eagle deposit at its 100%- owned Nullagine Gold Project in WA’s East Pilbara. The new area, located 1.8km south-west of Golden Eagle (see Figure 1) and named “Golden Eagle South West”, has been identified by employing a new exploration targeting methodology based on a reinterpretation of the Company’s extensive high-quality exploration datasets, which include spectral, magnetic, surface geochemistry and radiometric survey data. Golden Eagle South West is situated in an area of increased variation in the magnetic signature, which is interpreted to be associated with gold mineralisation at depth, in conjunction with a zone of structural complexity. | |
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