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NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Hub, Redcliffe East | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-10-2019: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Hub, Redcliffe East deposit at the Redcliffe Gold project. Drilling results incl. 6.0m @ 12.9g/t Au from 63m. NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is pleased to | |
| 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 100%-owned Redcliffe Gold Project located near Leonora, Western Australia. Diamond and RC drill programs have been completed at a number of prospects, including Hub and Redcliffe East. At Hub, the drilling returned a number of outstanding gold intercepts, continuing to demonstrate the potential of the prospect. The mineralisation has now been extended to a strike extent of 1,130m. Significantly, the mineralisation remains open to the north and south as well as at depth. At Redcliffe East, the RC drilling confirmed the broad zones of mineralisation with a number of intercepts of at least 10m downhole width. Like Hub, the mineralisation remains open to the north, south and at depth. All diamond results have been received, demonstrating grade continuity at both Hub and Redcliffe, with the core yielding important insights into the mineralisation at both deposits and returning good grades and widths. RC assays received to date have expanded the existing mineralisation at both Hub and Redcliffe East. A number of holes are yet to be resampled on one metre intervals and those results are expected over the coming weeks. The aircore program continues, testing the northern and southern strike extents of Hub, along with a number of other high priority targets. Beyond the aircore, RC and diamond drilling programs are scheduled to commence next month which is likely to continue the focus on Hub. | |
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