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New Age Exploration Ltd.
Summary
| Project: | Redmoor | |
|---|---|---|
| Deposit: | Redmoor | |
| Location: | United Kingdom | |
| Commodities: | Tungsten-Tin-Copper | |
| Date: | 9/7/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-9-2017: New Age Exploration Ltd. announces an Exploration/Drilling Update report for its Redmoor deposit at the Redmoor project. JV – drilling results incl. 28.2m @ 0.12% Sn, 0.31% WO3, 0.62% Cu from 298.8m. New Age Exploration (“NAE” or “the Company”) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mike Armitage (SRK Consulting (UK) Ltd.) | |
| ABSTRACT: | New Age Exploration (“NAE” or “the Company”) is pleased to announce the results from the first 10 holes of the Phase 1 diamond drilling programme at its Redmoor Tin-Tungsten Project, undertaken through its joint venture vehicle Cornwall Resources Limited (“CRL”). The SVS is a zone containing numerous closely-spaced sub-parallel narrow quartz veins carrying high-grade tin, tungsten and copper mineralisation. The SVS system strikes at approximately 070° and dips at approximately 70° to the north. The SVS has previously been demonstrated to be continuous along strike for over 650 m with a width of approximately 100 m and a down dip extent of approximately 300 m. The drilling completed during 2017 has indicated that the mineralisation within the SVS is preferentially confined within discrete high-grade zones that have been interpreted to dip steeply to the north, sub-parallel with the overall SVS envelope, and with a plunge of approximately 25˚ to the west. It is this higher grade mineralisation that has now become the focus of the ongoing drilling. | |
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