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Mont Royal Resources Ltd.
Summary
| Project: | Edjudina | |
|---|---|---|
| Deposit: | Edjudina | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/27/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-9-2019: Mont Royal Resources Ltd. announces an Exploration/Drilling Update report for its Edjudina deposit at the Edjudina project. Drilling results incl. 5m @ 84ppb Au from 5m. Mont Royal Resources Limited (“Mont Royal” or the “Company”)(ASX:MRZ) is p | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Toby Wellman (Not stated) | |
| ABSTRACT: | Mont Royal Resources Limited (“Mont Royal” or the “Company”)(ASX:MRZ) is pleased to report all assays from the recently completed aircore program have been returned from the Edjudina Gold Project in Western Australia. Mont Royal Resources Limited’s Executive Director Peter Ruse commented: “The Company’s maiden wide-spaced drilling program has generated multiple kilometre-scale anomalies which warrant further investigation.” A total of 74 AC holes for 4,168m was completed on broad 400 x 160m and 800 x 160m drill patterns, with geochemical drilling designed to confirm the location of the Pinjin Fault as well as define the nature and spatial continuity of associated Au mineralisation. Completed drilling coupled with historic drilling has confirmed a ~300m wide structural corridor as well as defined a broad 4.5km long northwest trending anomaly (Figure 1). The first-pass drilling tested approximately 10km of prospective Archaen greenstone, centred on targets identified from the Company’s initial sub-audio magnetics (SAM) survey. Multiple low-level anomalies have been generated that support historic intersections with best results including 5m@84ppb Au (EDAC026) and 1m@74ppb Au (EDAC014), with full results shown in Table 1. | |
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