For thousands of other reports visit RSC's Mineral Intellingence Map
Mincor Resources NL
Summary
| Project: | Kambalda | |
|---|---|---|
| Deposit: | Widgiemooltha, Flinders West | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 8-12-2017: Mincor Resources NL announces an Exploration/Drilling Update report for its Widgiemooltha, Flinders West deposit at the Kambalda project. Drilling results incl. 11m @ 2.79g/t Au from 25m. Mincor Resources NL (ASX: MCR) is pleased to report resu | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Robert Hartley (Internal) | |
| ABSTRACT: | Mincor Resources NL (ASX: MCR) is pleased to report results from the recently completed 5,476m reverse circulation (RC) drilling program at its Widgiemooltha Gold Project (WGP) in Western Australia, which infilled the area between the main Flinders orebody and Flinders West, and included extensional drill section lines testing the strike extents of the prospective corridor north towards Nottingham Castle and to the south (Figure 1 and Figure 2). The Flinders Resource at the WGP stands at 102,000oz of gold and remains open. The drilling program has confirmed the potential to expand the Flinders and Flinders West deposits along strike to the north and south. These results, when coupled with historic drilling, confirm the continuity of mineralisation over a 260m strike length to Nottingham Castle. The next line of drilling north of Nottingham Castle is some 600m further along strike towards Home Signal (see Figure 1, showing the greater strike potential of the this highly prospective corridor). The Company’s plans to commence production in early 2018 with final revised mining studies in progress and all regulatory approvals in place. Mincor announced a revised Gold Mineral Resource at WGP for 267,100oz of gold which includes the Flinders West prospect (refer to Mincor’s ASX announcement dated 7 November 2017). Mincor’s total gold Resource inventory is now ~328,660oz. Revised mining studies are underway to determine the potential for Flinders West to enhance the economics of the WGP. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report