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Minotaur Exploration Ltd.
Summary
| Project: | Eloise | |
|---|---|---|
| Deposit: | Jericho | |
| Location: | Australia | |
| Commodities: | Copper-Gold | |
| Date: | 6/27/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-6-2019: Minotaur Exploration Ltd. announces an Exploration/Drilling Update report for its Jericho deposit at the Eloise project. Drilling results incl. 27m @ 1.20% Cu, 0.16g/t Au from 295m. Minotaur Exploration reports drill assays for thirteen more ho | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Glen Little (Internal) | |
| ABSTRACT: | Minotaur Exploration reports drill assays for thirteen more holes from the 2019 drill campaign at the Jericho deposit, on behalf of the Jericho Joint Venture (OZ Minerals 80%; Minotaur 20%). Of the forty six holes drilled in 2019, the total number of assayed holes reported is now twenty seven (details in this document and the 6 June 2019 release1 ). The 2019 drill program2 at the Jericho deposit is testing the parallel J1 and J2 copper-gold lodes (Figure 1), to around 250-300m below top of basement. The principal aim is to improve geological confidence in lode continuity and grade along 2.3km of J1 and 1.7km of J2, where most drilling activity was placed in 2018. Drilling continues with forty six holes now complete (Table 1, Figures 2 and 3). Assays are now available for an additional thirteen holes, JE19D014 and JE19D016-JE19D027, which are similar in tenor to those recently reported3 . Importantly, continuity of mineralisation through the host structures J1 and J2 is strong (Figures 4 and 5). Significant copper-gold intercepts are summarised below and provided in detail in Table 2. | |
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