For thousands of other reports visit RSC's Mineral Intellingence Map
Newcrest Mining Ltd.
Summary
| Project: | Seguela | |
|---|---|---|
| Deposit: | Antenna | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold-Copper | |
| Date: | 7/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 24-7-2017: Newcrest Mining Ltd. announces an Exploration/Drilling Update report for its Antenna deposit at the Seguela project. JV - Drilling results incl. 26m @ 10.3g/t Au from 62m. Exploration continues on the Antenna Prospect within the Séguéla Project | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mr F. MacCorquodale (Internal) | |
| ABSTRACT: | Exploration continues on the Antenna Prospect within the Séguéla Project, located in central west Côte d’Ivoire, with a total of 149 holes having now been drilled. The drilling completed during the quarter was largely infill drilling centred around drilling previously reported. The drilling was designed to provide greater geological confidence and to better understand the controls on the mineralisation. Drilling has tested over 1km of the original geochemical anomaly, defining a significant zone of mineralisation that extends over 680m in strike. The ellipsoid shaped mineralised zone has a nominal thickness of 30m, thickening to 50m in the central zone, and thins to approximately 10m to the south. The mineralisation has been intercepted to a maximum vertical depth of 200m and exhibits a shallow–moderate plunge to the south, with a steep to near subvertical dip to the east. The vertical extent of mineralisation remains open. The mineralisation thins to the north, and at the surface to the south. Drilling is ongoing to test the depth extent of the gold mineralisation. One of four holes completed at the Porphyry Prospect, approximately 4km north of Antenna within the Séguéla Project, has intersected anomalous mineralisation. The drilling tested a >1km long NNE-trending geochemical anomaly. SGDD006 intersected 49m @ 1.4 g/t Au from 80m, including 12m @ 3.2 g/t Au from 105m. Follow up drilling is planned to define the extent of the mineralisation. Target generation exploration was also conducted over the other priority exploration targets. Following exercise by Newcrest of its option and final payment, the transfer of permit PR-252 (on which the Séguéla Project is located) received Ministerial approval on 18 April 2017. The permit is now legally and beneficially held by Newcrest’s 100% subsidiary LGL Exploration CI SA. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report