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Newcrest Mining Ltd.
Summary
| Project: | Seguela | |
|---|---|---|
| Deposit: | Antenna | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 10/26/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-10-2017: Newcrest Mining Ltd. announces an Exploration/Drilling Update report for its Antenna deposit at the Seguela project. Drilling results incl. 51m @ 8.4g/t Au from 0m. Exploration continued at all brownfields sites except Bonikro, with drilling u | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mr F. MacCorquodale (Internal) | |
| ABSTRACT: | Exploration continued at all brownfields sites except Bonikro, with drilling undertaken at Telfer, Gosowong and Cadia. Target generation work was ongoing at Gosowong, Telfer and Lihir. Exploration continued on the Antenna Prospect within the Séguéla Project, located in central west Côte d’Ivoire, with a total of 160 holes having now been drilled. Drilling completed during the quarter was largely infill, centred around drilling previously reported. The drill program was designed to provide greater geological confidence, and to better understand the controls on the mineralisation. Drilling has now confirmed that mineralisation extends over a strike distance of 680m. The 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 250m, and exhibits a shallow–moderate plunge to the south, with a steep to near sub vertical dip to the east. The vertical extent of mineralisation remains open to the south. Away from Antenna, infill drilling occurred at the Porphyry Prospect (assay results pending) and aircore drill testing of the priority regional targets commenced. | |
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