For thousands of other reports visit RSC's Mineral Intellingence Map
Montezuma Mining Company Ltd.
Summary
| Project: | Yamarna | |
|---|---|---|
| Deposit: | Yamarna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/21/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-6-2016: Montezuma Mining Company Ltd. announces an Exploration/Drilling Update report for its Yamarna deposit at the Yamarna project. Drilling results incl. 7m @ 192ppb Au from 36m. Montezuma Mining Company Ltd (“Montezuma” or “Company”) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bradley Drabsch (Internal) | |
| ABSTRACT: | Montezuma Mining Company Ltd (“Montezuma” or “Company”) is pleased to announce that follow up drilling has commenced at the Company’s 100% owned Yamarna Project. The recently completed, previously announced phase of aircore drilling successfully extended the basement gold anomaly at the Jatz prospect to over 1.5km in strike. The anomaly is coherent and strikes in a north westerly direction. Mineralisation remains open to the north. In addition to the Jatz drilling, a broad spaced regional reconnaissance aircore programme tested for basement gold mineralisation within what is now identified as a primary target corridor approximately 5km in strike length and up to 2km in width, containing greenstone rocks with demonstrated potential for high grade Archean gold mineralisation. This regional programme was successful in identifying three new basement targets at the Ritz, Ryvita and Le Snak prospects, where bottom of hole intercepts of 1m @ 1.65 g/t, 11m @ 144ppb and 7m @ 192ppb Au respectively were returned. The drill programme which commenced today will comprise between 4,00016,000m of geochemical aircore drilling which aims to further extend Jatz to the north and to increase the anomaly footprint at Ritz, Ryvita and Le Snak. These newly identified prospects have so far been only superficially tested with very broad space drilling. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report