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Oakdale Resources Ltd.
Summary
| Project: | Tonopah North | |
|---|---|---|
| Deposit: | Tonopah North | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 12/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-12-2019: Oakdale Resources Ltd. announces an Exploration/Drilling Update report for its Tonopah North deposit at the Tonopah North project. Initial assay results return no significant gold or silver values. Oakdale Resources Limited (ASX: OAR) (“Oakdal | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Geoff Balfe (Internal) | |
| ABSTRACT: | Oakdale Resources Limited (ASX: OAR) (“Oakdale” or “the Company”) provides an update on the diamond core drilling program underway at its Tonopah North project in Nye County, Nevada. The assay results were delayed due to a significant amount of assays submitted to the laboratory at the end of the Nevada drilling period. The first hole (TND-01) was completed at a depth of 152m. This represents 8% of drilling thus far, the total drilling program planned is 1800 metres ,for the 3 projects in Nevada . Assay results have been received for TND-01 for the interval 47m to 137m. No significant gold or silver values were reported. The drill hole was stopped at 152m after testing a wide zone of fractured andesite. Some of the more intense fracture zones can be correlated with surface gold workings but the lack of quartz veining over these intervals is interpreted as the reason for the low gold values in the drill core. TND-01 was drilled at the southern end of the targeted structural corridor which is over 1.2 km in total strike length and it comprises multiple structures with many old gold prospect pits along them. | |
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