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Newcrest Mining Ltd.
Summary
| Project: | Red Chris | |
|---|---|---|
| Deposit: | Red Chris | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 4/30/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-4-2020: Newcrest Mining Ltd. announces an Exploration/Drilling Update report for its Red Chris deposit at the Red Chris project. Drilling results incl. 776m @ 0.43g/t Au, 0.45% Cu from 432m. At Red Chris, a new high grade zone has been intersected by R | |
| Resources: | (not mentioned in this report | |
| CP/QP: | [Overall Report]: F. MacCorquodale (Internal) | |
| ABSTRACT: | At Red Chris, a new high grade zone has been intersected by RC 616 within the East Zone, returning a partial intercept of 238m @ 1.5g/t Au and 0.85% Cu including 104m @ 2.7g/t Au and 1.4% Cu and 32m @ 6.2g/t Au and 3% Cu. This high grade zone has not been intersected by previous drilling and is located 300m west of the high grade zone previously intersected by RC 611. This drilling confirms the potential of finding additional discrete high grade pods of mineralisation within the East Zone. Follow up drilling to define the extent of the RC 616 high grade zone is being planned. The final results from hole RC611 (partial results reported in the Interim Exploration Update on 11 March 2020) were also received, confirming that the hole has intersected a broad zone of higher grade mineralisation, 628m @ 1.7g/t Au and 0.91% Cu that contains a discrete ‘pod’ of high grade mineralisation (>5g/t Au) within the East Zone, approximately 100m long, 100m wide and 200m high. Infill drilling has commenced to fully define the extent of this high grade pod. | |
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