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Orion Gold NL
Summary
| Project: | Prieska Mine | |
|---|---|---|
| Deposit: | Prieska Mine | |
| Location: | South Africa | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 12/16/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-12-2016: Orion Gold NL announces an Exploration/Drilling Update report for its Prieska Mine deposit at the Prieska Mine project. Drilling results incl. 29.4m @ 3.06% Zn, 1.52% Cu, 0.36g/t Au, 9.0g/t Ag from 112.6m. Orion Gold NL (ASX: ORN) is pleased t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Errol Smart (Internal) | |
| ABSTRACT: | Orion Gold NL (ASX: ORN) is pleased to advise that it is on track to deliver a maiden JORC resource estimate for the +105 Level Target at the historical Prieska Copper Mine (PC) Zinc-Copper Project in the Northern Cape Province, South Africa, after receiving further impressive results from the ongoing diamond drilling program. Drill hole OCOD036 intersected a 38.9m wide zone of massive sulphides which returned 29.4m at 3.06% Zn + 1.52% Cu, 0.36g/t Au and 9.0g/t Ag from 112.6m down-hole. The mineralisation is located between 55m and 70m vertically below surface. The PC Project covers unmined dip and strike extensions from historical underground mining, with the mineralisation having previously been delineated by extensive drilling and geophysics. The current drilling program is designed to confirm, in-fill and extend the historical drilling at the +105 Level Target, where it is targeting mineralisation that would be amenable to extraction via open pit mining (Figure 1). Diamond core drilling at the +105 Level Target is utilising an innovative shallow drilling method to drill holes to test mineralisation up-dip of historical underground mining. By utilising inclinations of between 15 and 30 degrees from the horizontal and using flexible barrels, the holes can be manipulated to intersect the mineralisation at an optimal angle (Figure 2). | |
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