For thousands of other reports visit RSC's Mineral Intellingence Map
NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Bindy, Kelly, Barry North, GTS(Next), Jessie | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/22/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-5-2017: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Bindy, Kelly, Barry North, GTS(Next), Jessie deposit at the Redcliffe Gold project. Drilling results incl. 35m @ 0.62g/t Au from 55m. The Company is pleased to announce initi | |
| Resources: | (Resource, I+I): 5.48Mt @ 1.57g/t Au for 278100oz Au contained at Project | |
| CP/QP: | [Overall Report]: Rodney Foster (Internal) | |
| ABSTRACT: | The Company is pleased to announce initial 5 (five) metre composite regional aircore drilling results from the ongoing regional drilling programme at its 100% owned Redcliffe Gold Project, located near Leonora in the Eastern Goldfields of Western Australia. The Company is highly encouraged by the initial identification of two major coherent gold mineralised zones in the early phases of the regional aircore drilling programme. All zones are open along strike and at depth, with further drilling planned. Regional exploration drilling is continuing to progress northwards within the lightly explored ‘Central Zone’ of the MSZ, targeting the Great Western and Mertondale Fault Zones. The drilling reported represents approximately 20% of the regional, wide spaced drilling planned to be completed within the 10km long Central Zone area. It is estimated that the programme will take two to three months to complete, with approximately 20,000m of RC and AC drilling. Drill planning for the other prospective areas strike along the MSZ north of the Nambi Pit are also being finalised. The drilling, which commenced in mid April and is ongoing, consisted of 61 angled aircore holes (GTAC280-341) for 5,976m. The drilling commenced in the southern part of the project area and aims to systematically test gold mineralised structures associated with the MSZ utilising broad spaced (100m to 250m spaced) drill traverses to blade refusal, usually 80 to 110m down hole. A total of 33 drill holes, over half of the 61 holes drilled, returned gold anomalism of +0.1g/t Au on the saprolitic/saprock horizon, with eight holes ending in mineralisation (EOH) at the blade refusal point. | |
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