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NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Hub | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/22/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-4-2020: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Hub deposit at the Redcliffe Gold project. Drilling results incl. 6.3m @ 42.7g/t Au from 56.3m. NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is pleased to provide an upda | |
| Resources: | (Resource, I+I): 12.525Mt @ 1.34g/t Au for 537Koz Au contained | |
| CP/QP: | [Overall Report]: Georgina Clark (Internal) | |
| ABSTRACT: | NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is pleased to provide an update for the Redcliffe Gold Project located near Leonora, Western Australia. The Company recent undertook two drill programs at Redcliffe. A +1,600m diamond program was completed at Hub, and a +4,000m RC program testing a number of other prospects within the Redcliffe Project. Both programs returned multiple significant results. The diamond drilling aimed to test grade continuity close to surface and at depth. It returned some exceptional grades, particularly in oxide material. The results will be utilised in a maiden Mineral Resource Estimate for Hub due by mid-year. The RC drilling was an expansionary focussed program, as well as following up on mineralisation intersected in previous aircore drilling. The drilling identified a number of areas where mineralisation is now seen to be continuing at depth underneath or down plunge of previous aircore or RC drill holes. NTM continues to explore the potential of the Redcliffe Project to host new discoveries with a +30,000m aircore drilling program underway on a number of new geological targets. | |
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