For thousands of other reports visit RSC's Mineral Intellingence Map
Peel Mining Ltd.
Summary
| Project: | Wagga Tank | |
|---|---|---|
| Deposit: | Southern Nights | |
| Location: | Australia | |
| Commodities: | Zinc-Lead-Silver-Gold | |
| Date: | 3/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-3-2019: Peel Mining Ltd. announces an Exploration/Drilling Update report for its Southern Nights deposit at the Wagga Tank project. Drilling results incl. 16.95m @ 43.25% Zn, 14.66% Pb, 1.00% Cu, 356g/t Ag, 3.11g/t Au from 179.15m. Peel Mining Limited ( | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Rob Tyson (Internal) | |
| ABSTRACT: | Peel Mining Limited (ASX:PEX) (“Peel” or the “Company”) is pleased to report results from its 100%- owned Wagga Tank project, south of Cobar in western New South Wales. The Wagga Tank project, which includes Southern Nights, is emerging as one of the most significant zinc polymetallic discoveries in Australia in recent years. Southern Nights Central Zone Assays received during February represent additional close spaced (20x20m) infill drilling of the Southern Nights Central Zone and drilling for metallurgical and Mineral Resource Estimate QA/QC purposes. WTRCDD175 was drilled approximately 30m up-dip of WTRCDD043 and crosscuts WTRCDD035 a historical hole which had been drilled down the dip of mineralisation. WTRCDD175 returned 33m @ 11.71% Zn, 5.65% Pb, 0.19% Cu, 147 g/t Ag and 1.25 g/t Au from 172m including 10.8m @ 27.49% Zn, 14.54% Pb, 0.5% Cu, 409g/t Ag and 3.16g/t Au. This drillholehole intersected a zone of significant shearing and experienced 2.2m of core loss from within the 32m mineralised interval. A value of zero was assigned to all elements in intervals of core loss which is considered conservative. WTRCDD180 was drilled as a twin (+/- 5m) of drillhole WTRCDD150 to provide material for further metallurgical testwork and for Mineral Resource Estimate QA/QC purposes. Results for this twin hole showed excellent repeatability of those reported in WTRCDD150. WTRCDD180 returned 16.95m @ 43.25% Zn, 14.66% Pb, 1% Cu, 356g/t Ag and 3.11g/t Au from 179.15m against the intercept from WTRCDD150 previously reported as 18.2m @ 40.3% Zn, 15.21% Pb, 0.97% Cu, 356 g/t Ag and 2.77 g/t Au from 182m. | |
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