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Minotaur Exploration Ltd.

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Summary

Project:

Eloise

Deposit:Jericho
Location:Australia
Commodities:Copper-Gold
Date:6/6/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:6-6-2019: Minotaur Exploration Ltd. announces an Exploration/Drilling Update report for its Jericho deposit at the Eloise project. Drilling results incl. 10.0m @ 2.24% Cu, 0.2g/t Au from 321m. Drill Program The 2019 drill program1 at the Jericho deposit i
Resources:x
CP/QP:[Overall Report]: Glen Little (Internal)
ABSTRACT:Drill Program The 2019 drill program1 at the Jericho deposit is currently testing the parallel J1 and J2 copper-gold lodes (Figure 1), to around 250-300m below top of basement (Figures 2 and 3). The drill program’s principal aim is to improve geological confdence in lode continuity and grade along 2.3km of J1 and 1.7km of J2, where most drilling activity was placed in 2018. Drill Results Thirty (30) drill holes are now complete (Table 1). Most of these holes are proximal to previous drilling, closing hole spacings to validate geological continuity and copper-gold grade. The J1 and J2 lodes were intersected where expected. Based on available assay data and geological observations, the intersected mineralisation is consistent with previous results, further improving confdence in the model. Assays are available for 14 holes, JE19D001-JE19D013 and JE19D015. Signifcant copper-gold intercepts are summarised below and provided in detail in Table 2;

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