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Project: | Redcliffe Gold | |
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Deposit: | Redcliffe Gold | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 3/18/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 18-3-2019: NTM Gold Ltd. announces an Exploration/Drilling Update report for its Redcliffe Gold deposit at the Redcliffe Gold project. Drilling results incl. 14m @ 2.96g/t Au from 122m. NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is pleased to provid | |
Resources: | (Resource, I+I): 12.525Mt @ 1.34g/t Au for 537Koz Au contained | |
CP/QP: | [Overall Report]: Lyle Thorne (Internal) | |
ABSTRACT: | NTM Gold Ltd (ASX: NTM) (“NTM” or “the Company”) is pleased to provide an exploration update for the 100%-owned Redcliffe Gold Project located near Leonora, Western Australia. Reverse circulation (RC) drilling across a number of prospects has returned good results from a number of areas. The recently completed RC drilling targeted a number of prospects following up the highly successful 2018 aircore campaign, testing the depth extents of the shallower mineralisation intersected in the aircore. The program returned some excellent results and has further validated NTM’s targeting, with some outstanding gold grades intersected at depth. Other than at the Hub, this was the first RC drilling at the Redcliffe East and Bindy North Prospects. Better results include NTM Gold Managing Director Andrew Muir commented: “This latest RC drilling continues to highlight the significant potential of the Redcliffe Gold Project, with good grades at a number of different prospects. Furthermore, the mineralisation at all of these prospects remains open at depth and requires significantly more drilling, which we intend to undertake in the coming months. “In the meantime, extensional diamond drilling is underway, testing a number of deposits at depth. In addition, another aircore program is planned to commence soon to test a number of early stage targets, hopefully replicating the success of the 2018 aircore drilling that confirmed new prospects including the Hub.” | |
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