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NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Golden Terrace South, Golden Terrace Central | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/31/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-3-2017: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Golden Terrace South, Golden Terrace Central deposit at the Redcliffe Gold project. Drilling results incl. 15m @ 3.23g/t Au from 95m. The Company is pleased to announce resul | |
| Resources: | (Resource, I+I): 5.48Mt @ 1.57g/t Au for 278100oz Au contained at Redcliffe | |
| CP/QP: | [Overall Report]: Rodney Foster (Internal) | |
| ABSTRACT: | The Company is pleased to announce results from the initial RC drilling as part of NTM’s 2017 exploration campaign at the Redcliffe Gold Project located near Leonora in Western Australia. The drilling undertaken in March which has identified additional gold mineralised zones, forms part of a larger programme to be undertaken in the next two quarters seeking to build the gold resource base at the Redcliffe Project. A total of 11 holes (GTRC404 to 414) for 2202m were completed. The RC drilling programme targeted extensions to the gold zones at the Golden Terrace South deposit (GTS) south of an interpreted fault zone and testing other mineralised prospects at GTS(Next) and GTC, located some 400m and 1600m north respectively. Drilling at GTS aimed at intersecting mineralisation south of an interpreted late fault which displaces the main GTS mineralisation to the south east. Three holes, GTRC404 to 406 were drilled over 60m of strike with all three intersecting mineralisation which remains open down dip and to the south. Intercepts of 15m@ 1.9 g/t, 20m @ 1.32 g/t and 10m @ 1.00 g/t were returned. Overall, the drilling has further supported the Company’s view that the Great Western Fault (the western bounding mineralised structure of the Mertondale Shear Zone) is highly prospective for further occurrences of gold mineralised zones. | |
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