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Montezuma Mining Company Ltd.
Summary
| Project: | Yamarna | |
|---|---|---|
| Deposit: | Jatz | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/28/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-9-2016: Montezuma Mining Company Ltd. announces an Exploration/Drilling Update report for its Jatz deposit at the Yamarna project. Amended report - drilling results incl. 2m @ 9.0ppm Au from 140m. Montezuma Mining Company Ltd (“Montezuma” or “Company”) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bradley Drabsch (Internal) | |
| ABSTRACT: | Montezuma Mining Company Ltd (“Montezuma” or “Company”) is pleased to announce deep drill testing of the priority Jatz target at the Company’s 100% owned Yamarna Project has been completed. A total of thirty holes for 3,438m were drilled on nominally 200m spaced lines to test the prospective corridor beneath widespread strong gold anomalism hosted in Archean greenstone basement lithologies. The programme has identified two high grade gold bearing structures within the corridor, one intersected by a single drill hole, the second showing semi continuous gold mineralisation along a strike of approximately 1km, open to the north. Planning is now underway for follow up drilling to test the strike continuity of these zones and for the potential for structural positions where the mineralisation may occur over thicker widths. | |
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