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Northern Star Resources Ltd.
Summary
| Project: | Jundee | |
|---|---|---|
| Deposit: | Jundee | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/30/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-6-2016: Northern Star Resources Ltd. announces an Exploration/Drilling Update report for its Jundee deposit at the Jundee project. Drilling results incl. 0.8m @ 3932.9 g/t Au from 121.0m (Hole # WSGC4724). Northern Star Resources Limited (ASX: NST) is | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brook Ekers (Internal) | |
| ABSTRACT: | Northern Star Resources Limited (ASX: NST) is pleased to announce the initial exploration campaign at its Jundee gold mine in WA has been a resounding success, identifying extensive new areas of high-grade mineralisation up to 800m from the existing operations. The results show clearly that Jundee will continue to operate at or around its current production levels for many more years. Northern Star Managing Director Bill Beament said the results were game-changing for the future of Jundee and we are only 15% through our drilling campaign from the purpose built drill platform. “We took the decision to invest heavily in the future of Jundee and these results show that we are being repaid many times over,” Mr Beament said. “We are finding high-grade gold in every direction we drill and in some cases, almost 1km from the existing operations.” “We know Jundee has a distinguished history as a world-class gold mine – and now we know that its future will be just as exciting.” Much of the newly-identified mineralisation stems from in-mine resource and exploration drilling, which has succeeded in expanding the known parameters of at least seven mining areas and resulted in new discoveries of the Armada and Revelation trends (refer to figure 1). | |
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