For thousands of other reports visit RSC's Mineral Intellingence Map
Orca Gold Inc.
Summary
| Project: | Block 14 | |
|---|---|---|
| Deposit: | Block 14 | |
| Location: | Sudan | |
| Commodities: | Gold | |
| Date: | 1/31/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-1-2019: Orca Gold Inc. announces an Exploration/Drilling Update report for its Block 14 deposit at the Block 14 project. Drilling results incl. 41m @ 7.85g/t Au from 12.0m. Vancouver, Canada, January 31, 2019 – Orca Gold Inc. (TSX.V:ORG) (“Orca” or the | |
| Resources: | ||
| CP/QP: | [Overall Report]: Hugh Stuart (Internal) | |
| ABSTRACT: | Vancouver, Canada, January 31, 2019 – Orca Gold Inc. (TSX.V:ORG) (“Orca” or the “Company”) is pleased to provide an update on exploration at its Block 14 Gold Project in the Republic of the Sudan. 2018 drilling at Block 14 increased Indicated Resources to 3.34Moz (79.9Mt at 1.30g/t) with an additional 0.94Moz in the Inferred category (18.5Mt at 1.2g/t) (News Release September 19, 2018) and formed the basis for the Block 14 Feasibility Study (News Release November 07, 2018). Tables 1 and 2 below show the results to date from drilling following completion of the Feasibility Study. The aim of this drilling was to test several underexplored high-grade targets at GSS (Figure 1) and to follow up on previous drilling at the Liseiwi prospect, 65 km NE of GSS and 16km N of the Wadi Doum deposit. Commenting on these new positive exploration results, Hugh Stuart, President and Director, said: “Our geological understanding of the mineralisation at GSS continues to grow. There is a higher-grade core to the deposit that allows us to produce over 220koz per year in the first 7 years of the mine life. We are now targeting plunging high grade structures within this core towards increasing the overall grade of GSS. These latest drill results are the first from this initiative. At Liseiwi we continue to intersect and confirm high grades. These new results suggest the real potential of developing a second high-grade satellite resource complementing the Wadi Doum deposit”. | |
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