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OceanaGold Corp.
Summary
| Project: | Haile | |
|---|---|---|
| Deposit: | Haile | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 9/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 12-9-2019: OceanaGold Corp. announces an Exploration/Drilling Update report for its Haile deposit at the Haile project. Drilling results incl. 85m @ 11g/t Au. (MELBOURNE) OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) is pleased to announce | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Jory (Internal) | |
| ABSTRACT: | (MELBOURNE) OceanaGold Corporation (TSX: OGC) (ASX: OGC) (the “Company”) is pleased to announce an update on exploration activities at the Company’s Haile Gold Mine (“Haile”) in South Carolina, United States. This exploration update follows the update provided to the market on February 27, 2019 (“February 2019 update”) and results herein reflect activity completed after this date. Mick Wilkes, President and CEO of OceanaGold said, “We are encouraged by these latest drill results at Haile where exploration activities focused on both infill and extensional drilling. As we continue to mine the ore body and continue our exploration program of drilling, mapping and core logging, we have identified important structures that are feeding into our drilling strategy including target generation to stimulate further organic growth in the Haile district.” The Company has drilled 70 drill holes for 14,221 metres using four surface diamond drill rigs at Haile since the February 2019 update. Infill and extensional drilling have targeted low-cost reserve growth areas in and around the Ledbetter, Snake, Red Hill and Haile deposits (Figure 1). Infill and delineation drilling continue to support block models and provide increased confidence for near term production forecasting (Figures 1 & 2). | |
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