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NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Nambi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-12-2017: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Nambi deposit at the Redcliffe Gold project. Drilling results incl. 5m @ 31.4g/t Au from 40m. Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rodney Foster (Internal) | |
| ABSTRACT: | Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has now received composite and some initial single metre RC drilling results from exploration drilling at the Nambi Deposit, one of several highly prospective areas within its 100% owned Redcliffe Gold Project in Western Australia’s Eastern Goldfields. High-grade results continue to be received from the Main Lode and the lightly drilled E1 and E2 Lodes at Nambi. Results received to date include: A total of 10 inclined holes for 1,992m were completed at the Nambi Deposit, which is located in the northern part of the Redcliffe Gold Project. The aim of the drilling programme at Nambi was to further extend the three high-grade lodes below and south of the historical pit. The focus was to extend the consistent Main Lode at depth and along strike to the south. Deeper drilling targeting the Main Lodes returned intercepts of 3m @ 8.44g/t (incl. 2m @ 12.25g/t), 5m @ 4.00 g/t (incl. 1m @ 12.60 g/t), 10m @ 3.82g/t (incl. 5m @ 5.05g/t) and 8m @ 4.11g/t (incl. 2m @ 12.85g/t). A preliminary result of 5m @ 5.76g/t was received from NBRC123, located approximately 150m south of the pit, and represents the southernmost intercept returned to date from the Main Lode. | |
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