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NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Bindy | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/2/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-5-2018: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Bindy deposit at the Redcliffe Gold project. resampled drill results incl. 30m @ 1.48g/t Au from 84m. Emerging Goldfields explorer NTM Gold Ltd (ASX: NTM) (“NTM” or “the Compa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: lyle Thorne (Internal) | |
| ABSTRACT: | Emerging Goldfields explorer NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is pleased to announce the one-metre resample results from the recent infill RC drilling at the Bindy prospect, located within the Redcliffe Project near Leonora, Western Australia. NTM recently completed 20 RC holes for 3,685m at Bindy. The holes were drilled on 50m infill traverses between the original 2017 drilling, which was on 100m spaced lines. The five-metre composite samples from the 2018 drilling (ASX release 4 April 18) confirmed broad thicknesses of mineralisation that contain higher-grade shoots in a large system. NTM has now received the one-metre resamples which has given better clarity into the grade distribution of Bindy and improved the geological understanding of the deposit. The one-metre resamples have confirmed the large and coherent nature of the Bindy mineralised system, as well as the potential to host higher-grade zones of substance. Mineralisation remains open at depth and along strike, presenting follow-up drill targets for future programmes. Most notably, a 350m gap where no RC drilling has been completed. Notable intersections include (all 1m samples): | |
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