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Minotaur Exploration Ltd.
Summary
| Project: | Eloise | |
|---|---|---|
| Deposit: | Jericho | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 8/22/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-8-2019: Minotaur Exploration Ltd. announces an Exploration/Drilling Update report for its Jericho deposit at the Eloise project. JV - drilling results incl. 8.9m @ 4.4% Cu, 1.5g/t Au from 227m. Minotaur Exploration reports drill assays for the final 18 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Glen Little (Internal) | |
| ABSTRACT: | Minotaur Exploration reports drill assays for the final 18 holes of the 2019 drill campaign at the Jericho deposit, on behalf of the Jericho Joint Venture (OZ Minerals 80%; Minotaur 20%). Combined with recent reports1,2,3, the total number of 2019 holes reported is 58. Jericho is a copper-gold system within 3km of the Eloise copper mine (Figure 1) and 65km south-east of Cloncurry, Queensland. Jericho was initially identified as an EM anomaly by Minotaur for the joint venture in mid-2017 and first drilled later that year. Drilling concluded late July with 58 holes completed (Figures 1 - 2). Key intercepts from the final 18 holes and other 2019 drill holes are presented in Table 1. Detailed assay data for the 18 holes, JE19D041-JE19D058, are reported in Tables 2 and 3. The drill program focused on the parallel J1 and J2 copper-gold lodes along 2.3km of J1 and 1.7km of J2 down to only 250-300m below surface. Less than half of the known mineralised area of both lode structures was covered by this drilling. Previous drilling (2017-2018) shows mineralisation is developed along 3.7km of strike and down to at least 650m below surface. The full extent of the mineralisation remains unknown and is open along strike and up and down dip | |
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