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Nelson Resources Ltd.
Summary
| Project: | Yarrie | |
|---|---|---|
| Deposit: | Wallaby, Gibberts | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-4-2019: Nelson Resources Ltd. announces an Exploration/Drilling Update report for its Wallaby, Gibberts deposit at the Yarrie project. Drilling results incl. 3m @ 12.76g/t Au from 61m. The Yarri Project lies 160km North East of Kalgoorlie on Edjudina S | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Donald Thomson (Internal) | |
| ABSTRACT: | The Yarri Project lies 160km North East of Kalgoorlie on Edjudina Station and is 30km North of Saracens Carosue Dam Mine and 7.5km East of the Porphyry Mine. Nelson’s Yarri project consists of three prospects to the North and East of the historic Yarri State Battery site. The Company’s main focus is on the Wallaby line of workings immediately to the East of Yarri, where recent drilling by the Company has returned a number of high grade encouraging drill intersections. The Wallaby lodes were mined from 1902 to 1914 and from 1934 to 1940 producing 22,000 ounces of gold. The maximum depth of the old workings was to a shallow 35 metres (100 feet) below surface. The Great Banjo lodes were mined between 1903 and 1905 producing 84.2 ounces of gold from 129 tonnes of ore at an average grade of 20.3g/t. The Gibberts lodes were also mined between 1903 and 1905 and produced 37.5 ounces from 64.5 tonnes at an average grade of 18.1g/t. No production is documented since this time. In the region, the Porphyry Mine is located approximately 7.5 kilometres to the West in similar host rocks. It has amassed a resource of approximately 880,000 ounces of gold (production plus defined resource estimates obtained from available literature). | |
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