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Norwest Minerals Ltd.
Summary
| Project: | Warriedar | |
|---|---|---|
| Deposit: | Warriedar | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-7-2019: Norwest Minerals Ltd. announces an Exploration/Drilling Update report for its Warriedar deposit at the Warriedar project. Drilling results incl. 3m @ 2.77g/t Au from 121m. Norwest Minerals Limited (“Norwest” or “the Company”) (Australia ASX: NW | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Charles Schaus (Internal) | |
| ABSTRACT: | Norwest Minerals Limited (“Norwest” or “the Company”) (Australia ASX: NWM) is pleased to present its Quarterly Report for the period ending 30 June 2019. During the June period Norwest announced that its maiden drilling program at the Company’s North Dovers prospect in central Australia had successfully intersected thick sequences of favourable IOCG geology and alteration plus minor occurrences of chalcopyrite (primary copper mineralization), pyrite (iron sulphide) and sphalerite (primary zinc mineralization) was also encountered1 . The Proterozoic basement at North Dovers was found to occur relatively close to surface thus allowing future exploration drilling for an IOCG system to be conducted using cost effective reverse circulation (RC) rigs. Norwest will commence an extensive RC drill programme in September totaling 12,000 metres of drilling, which is designed to test the majority of the 4 x 8-kilometre long North Dovers anomaly. During the quarter, the Company acquired 100% interest in the Bulgera Gold project, which is hosted within the highly prospective and underexplored +5 million ounce Plutonic Well greenstone belt2 . Excellent potential exists to extend the multi-lode gold mineralization below the 4 historic shallow open-pits and along the 5-kilometre strike of the sheared Bulgera greenstone package. Assays from RC drilling undertaken at the company’s Marymia and Warriedar projects during the March 2019 period were received this period. At the Marymia - Jenkin’s prospect the RC drilling identified a 1- kilometre strike of highly anomalous zinc-lead mineralisation. At Warriedar, RC drilling confirmed the down dip extension of gold mineralisation at the Mount Laws prospect which remains open at depth. | |
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