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Northern Manganese Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Kelly | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/27/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-10-2016: Northern Manganese Ltd. announces an Exploration/Drilling Update report for its Kelly deposit at the Redcliffe Gold project. Drilling results incl. 20m @ 2.92g/t Au from 56m. A total of 16 shallow inclined RC holes for 1312m were completed as | |
| Resources: | (Resource, Inf.): 7.878Mt @ 0.63g/t Au for 159320oz Au contained at Kelly | |
| CP/QP: | [Overall Report]: Rodney Foster (Internal) | |
| ABSTRACT: | A total of 16 shallow inclined RC holes for 1312m were completed as infill to the existing drilling at Kelly North, with the aim being to provide better definition to the mineralised zone(s) and facilitate upgrading of the current Inferred Resource to JORC2012 compliance. Previous work has delineated a large anomalous gold trend of over 2km at the Kelly Deposit, which has a current Inferred Resource of 2.41 Mt @ 1.04 g/t for 80,400 oz at a +0.5 g/t Au, and is open in all directions (Kelly Deposit Resource Estimation; BGMS, Kalgoorlie, 2012). At a +0.2 g/t Au cut, the Inferred Resource at Kelly is currently estimated at 7,878,000t @ 0.63g/t for 159,320oz which demonstrates the large lower grade mineralisation that is characteristic of the Kelly Deposit (Kelly Deposit Resource Estimation; BGMS, Kalgoorlie, 2012). It is noted, however, higher grade zones also comprise portions of the Kelly mineralisation. The recently completed drilling focussed on one such zone at Kelly North. Mineralisation at Kelly within the oxide profile is hosted in highly sheared felsic saprolite and clays, with fresher material displaying limonite-ankerite-silica-chlorite-pyrite alteration and quartz veining. Depth of complete oxidation is generally >90m downhole. The results from the drilling outline a northerly striking mineralised higher grade zone over some 150 metres, open along strike and at depth. It is inferred that late NE striking faulting may slightly offset the zone. The Company is encouraged by these results, which confirm that coherent higher grade zones occur within the broad, +2 km Kelly mineralised trend identified to date. Further drilling including RC and diamond drilling to provide detailed geological/resource information and initial material for preliminary metallurgical testing is planned at Kelly. | |
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