For thousands of other reports visit RSC's Mineral Intellingence Map
Peel Mining Ltd.
Summary
| Project: | Wagga Tank | |
|---|---|---|
| Deposit: | Southern Nights-Wagga Tank | |
| Location: | Australia | |
| Commodities: | Zinc-Lead-Silver-Gold-Copper | |
| Date: | 11/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-11-2019: Peel Mining Ltd. announces an Exploration/Drilling Update report for its Southern Nights-Wagga Tank deposit at the Wagga Tank project. Drilling results incl. 45.30m @ 3.45% Zn, 1.45% Pb, 0.88% Cu, 77g/t Ag, 1.28g/t Au from 236.00m. Peel Mining | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rob Tyson (Internal) | |
| ABSTRACT: | Peel Mining Limited (ASX:PEX) (“Peel” or the “Company”) is pleased to report the discovery of a new high-grade zone to the south of the Southern Nights deposit from an ongoing resource upgrade drilling program at the 100%-owned Wagga Tank-Southern Nights project, located south of Cobar in western New South Wales. In late August, drilling at Wagga Tank-Southern Nights resumed, comprising ~10,000m of RC/diamond drilling primarily designed to develop higher confidence resources and to progress the project towards development. Since recommencement, drilling has targeted Wagga Tank, Southern Nights and the Corridor Zone (located between Wagga Tank and Southern Nights). Initially planned drilling at Wagga Tank and the Corridor Zone is now complete, with drilling now focused on the Southern Nights area. Importantly, a new high-grade zone has been located ~500m south of the high-grade Southern Nights Central Zone in an area with only limited drilling, near the boundary of the existing resource model. Drillholes WTRCDD229 and WTRCDDD238 intercepted significant zones of very high-grade zinc and lead mineralisation, akin to the intercepts returned from the Southern Nights Central Zone. | |
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