For thousands of other reports visit RSC's Mineral Intellingence Map
OceanaGold Corp.
Summary
| Project: | Waihi | |
|---|---|---|
| Deposit: | Waihi | |
| Location: | New Zealand | |
| Commodities: | Gold-Silver | |
| Date: | 12/12/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 12-12-2016: OceanaGold Corp. announces an Exploration/Drilling Update report for its Waihi deposit at the Waihi project. Drilling results incl. 2.6m @ 93.80g/t Au, 125.1g/t Ag from 119.10m. (MELBOURNE) OceanaGold Corporation (TSX/ASX/NZX: OGC) (the “Compa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Lorrance Torckler (Internal) | |
| ABSTRACT: | (MELBOURNE) OceanaGold Corporation (TSX/ASX/NZX: OGC) (the “Company”) is pleased to provide an update on its exploration program across operations in the United States, New Zealand and the Philippines. The exploration update follows the update the Company provided to the market on 15 September 2016 (“September update”) and results herein reflect drilling after this date. Approximately 33,000 metres of drilling has been completed in 2016 with three underground and up to five surface drill rigs at Waihi. Surface diamond drilling continues to produce encouraging results intersecting mineralisation over significant widths while testing the resource potential of major lodes, linking veins and stockwork zones beneath the current Martha open pit. Significant results from this drilling are listed in Table 2 and illustrated in Figure 3. Underground diamond drilling has focused on reserve and resource additions at Daybreak, Empire and Christina veins. Since the September update, the Company received permits to mine in an area that adjoins the Correnso mine to the west and where high-grade intercepts on the strike extensions of Christina demonstrate potential for reserve additions. Significant results from underground drilling at Waihi are illustrated in Figures 3 through 5 and listed in Table 3 with additional assays pending. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report