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NTM Gold Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Nambi, Golden Terrace South, Bindy, Kelly Trend | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/22/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-11-2017: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Nambi, Golden Terrace South, Bindy, Kelly Trend deposit at the Redcliffe Gold project. Drilling results incl. 4m @ 21g/t Au from 65m. Emerging Goldfields explorer NTM Gold L | |
| 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 that it has now received the single metre RC drilling results from exploration drilling at the Company’s 100% owned Redcliffe Gold Project, located near Leonora in Western Australia. Single metre assay results have confirmed and upgraded the five metre composite results announced on 24 October 2017. RC drill holes at the Nambi, GTS and Bindy, have highlighted high grade target areas that are now currently being drill tested. A total of 31 inclined holes for 5,460m were completed. Drilling targeted extensions to high grade lodes beneath the Nambi and GTS deposits as well as first pass, wide spaced, RC drilling at the newly discovered Bindy Prospect. (Drilling at Bindy has been completed on 100m spaced traverses.) The single metre results have further enhanced the prospectivity of the mineralised zones drilled, highlighting the potential for high grade zones at depth. Drilling at Nambi successfully intersected extensions to the high grade zones which remain open at depth and down plunge. Assays received from the single metre sampling at Nambi (see Table 1) have outlined high grade targets at the Main and E2 Lodes, the latter having been very lightly drilled in the past. | |
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