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Newcrest Mining Ltd.
Summary
| Project: | Paterson | |
|---|---|---|
| Deposit: | Havieron | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 9/10/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-9-2019: Newcrest Mining Ltd. announces an Exploration/Drilling Update report for its Havieron deposit at the Paterson project. JV with Greatland Gold - drilling results incl. 244.6m @ 2.0g/t Au, 0.40% Cu from 450m. Newcrest today releases an additional | |
| Resources: | x | |
| CP/QP: | [Overall Report]: F. MacCorquodale (Internal) | |
| ABSTRACT: | Newcrest today releases an additional 3,366m of drilling results from the Havieron Project, located 45km from Newcrest’s Telfer mine in Western Australia, from three holes which include high grade gold intercepts. To date the Havieron drilling program has defined a series of higher-grade zones within a broad envelope of mineralisation. The abovementioned three holes have extended mineralisation by a further 100m to the north with the system remaining open. Although the results to date are highly encouraging, the project is still early stage and drilling is ongoing to confirm the continuity of mineralisation intercepted to date and to search for additional zones of mineralisation within the footprint of the magnetic anomaly. The Havieron Project is operated by Newcrest under a farm-in agreement with Greatland Gold Plc. It is centred on a deep magnetic anomaly located 45km east of Telfer in the Paterson Province. The target is overlain by more than 400m of post mineral cover. Newcrest commenced drilling during the June 2019 quarter. Four drill rigs are currently operational with a total of 6,166m of drilling (6 holes) completed to date with a fifth drill rig due to commence in September 2019. | |
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