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New Age Exploration Ltd.
Summary
| Project: | Redmoor | |
|---|---|---|
| Deposit: | Redmoor | |
| Location: | United Kingdom | |
| Commodities: | Tungsten-Tin-Copper | |
| Date: | 10/18/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 18-10-2018: New Age Exploration Ltd. announces an Exploration/Drilling Update report for its Redmoor deposit at the Redmoor project. Clarification to previous drilling announcement at redmoor. New Age Exploration (“NAE” or “the Company”) is pleased to ann | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Gribble (Geologica UK) | |
| ABSTRACT: | New Age Exploration (“NAE” or “the Company”) is pleased to announce continued outstanding results from the 2018 Phase 1 drilling program at its Redmoor Tin-Tungsten Project, being undertaken through its 50% owned joint venture vehicle Cornwall Resources Limited (“CRL”). NAE Managing Director Gary Fietz commented: “These results continue to indicate the presence of high grades below the established resource, and show the potential of Redmoor to deliver a larger, higher-grade resource. We look forward to working towards a significant resource update in Q1 2019.” Introduction 2018 DRILLING PROGRAM In June 2018, CRL began this year’s Phase 1 drilling program, aimed at further increasing the tonnage and grade of the high-grade tin-tungsten-copper resource within the Sheeted Vein System at its Redmoor Project, which presently stands at an Inferred Resource of 4.5 Mt @ 1.0% SnEq1 . The seven-hole Phase 1 program was funded by SML and NAE having contributed £332,000 each. Assay results for the first two holes, CRD021 and CRD022, were reported on 20 September. Results for the next two holes, CRD023 and CRD024, are reported herein. | |
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