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Northern Manganese Ltd.
Summary
| Project: | Redcliffe Gold | |
|---|---|---|
| Deposit: | Nambi | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/22/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-8-2016: Northern Manganese Ltd. announces an Exploration/Drilling Update report for its Nambi deposit at the Redcliffe Gold project. Drilling results incl. 6m @ 6.62g/t Au from 159.5m. The Company is pleased to announce results from the recently comple | |
| Resources: | (Resource, I+I): 552000t @ 2.9g/t Au for 52000oz Au contained at Nambi (2008 estimate) | |
| CP/QP: | [Overall Report]: Rodney Foster (Internal) | |
| ABSTRACT: | The Company is pleased to announce results from the recently completed deep drilling programme at the Nambi Gold Deposit. The drilling programme was part of the Department of Minerals & Petroleum WA co-funded Exploration Incentive Scheme and has successfully intersected mineralisation at greater depths than previous drilling. Notably, intercepts from E1 Lode show strong mineralisation to depths below 200 metres with grades improving with depth. The Nambi Deposit forms part of the Company’s Redcliffe Gold Project (RGP), located 65km NE of Leonora in the Eastern Goldfields of Western Australia within granted ML37/1286. The Deposit was mined in the early 1990’s where an estimated total of 32,500 ounces at approximately 3 g/t Au was mined as oxidised/transitional ore. Previous exploration was aimed at delineating gold mineralisation directly beneath the open pit to vertical depths of around 150m from surface. The Resource at Nambi estimated in 2008* comprises 552,000t @ 2.9 g/t for 52,000 ounces. (Indicated; 262,000t @ 3.3 g/t Inferred; 298,000t @ 2.5 g/t). This most recent co-funded drilling programme consisted of three holes. One RC pre-collar NBRC111 to 133m and two completed with diamond drill coring. NBDD001 was drilled to a total depth of 189.9m and NBRC112D was drilled to a total depth of 507.9 metres. Both completed diamond core holes intersected the Main Lode and E1 lode, although it is considered the interpreted high grade shoot of the Main Lode in NBRC1112D may not have been optimally tested due to hole deviation from the target pierce point. | |
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