For thousands of other reports visit RSC's Mineral Intellingence Map
Primary Gold Ltd.
Summary
| Project: | Mt Bundy | |
|---|---|---|
| Deposit: | Rustlers Roost | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/27/2016 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-6-2016: Primary Gold Ltd. announces a Resource Estimation report for its Rustlers Roost deposit at the Mt Bundy project. Updated mineral resource estimate for Rustlers Roost deposit at Mt Bundy. Primary Gold Limited (ASX: PGO) is pleased to announce th | |
| Resources: | (Resource, I+I): 22.38Mt @ 1.1g/t Au for 772000oz Au contained at Rustlers Roost | |
| CP/QP: | [Resources]: Brian Fitzpatrick (Cube Consulting Pty Ltd.) | |
| ABSTRACT: | Primary Gold Limited (ASX: PGO) is pleased to announce the successful update of Mineral Resources at its 80% owned Rustlers Roost deposit, which lies within the overall Mt Bundy Gold Project in the Northern Territory. The Mineral Resource update was undertaken by independent consultant Cube Consulting Pty Ltd and completed in accordance with the guidelines of the JORC Code (2012 edition). Primary Gold Executive Director Patrick Walta said “this resource update provides strong potential for the development of the Rustlers Roost deposit. When combining this update with a review of historical feasibility studies demonstrating successful resin-in-leach processing of the Rustlers Roost ore, it is clear there is significant scope for an economic bulk tonnage operation.” he said. The Company is now planning a large scale exploration program over the entire Mt Bundy tenement package. This program will also include delineation of further resources at the Rustlers Roost deposit, targeting ore extensions both down dip and along strike. | |
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