For thousands of other reports visit RSC's Mineral Intellingence Map
NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Nambi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/8/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-3-2018: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Nambi deposit at the Redcliffe Gold project. Drilling results incl. 5m @ 6.96g/t Au from 233m. Emerging Goldfields explorer NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Lyle Thorne (Internal) | |
| ABSTRACT: | Emerging Goldfields explorer NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is pleased to announce high-grade intersections from recently completed RC drilling at the Nambi deposit, located within the Redcliffe Project near Leonora, Western Australia. A total of 10 RC holes for 2,046 metres were completed at Nambi, including two pre-collars in preparation for diamond drilling. The drilling was aimed at infilling and extending the mineralised zones at each of the three gold lodes. The drilling helped refine the mineralised lodes – Main, E1 and E2 – ahead of the pending resource update, due by midyear. All lodes remain open down dip and the interpreted southerly plunge. All lodes were intersected as predicted, highlighting the continuity of the Nambi mineralised system, and confirming the interpreted moderate to steep southerly plunge of the Main and E1 lodes. Both lodes have clearly defined highgrade zones, which remain open down plunge. NTM Gold Managing Director Andrew Muir commented: “These latest results from Nambi continue to highlight the potential of the Redcliffe Project, demonstrating grades and widths of substance. The drilling has refined our understanding of the geometry and grade distribution of Nambi. The pending diamond drilling will enhance this. All lodes contain higher-grade mineralisation and remain open down plunge, and represent obvious follow-up targets for future drill campaigns. In the interim, these results, along with those from the upcoming diamond drilling, will be incorporated into our resource update, which is due by the middle of this year.” | |
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