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Prodigy Gold NL
Summary
| Project: | Bluebush | |
|---|---|---|
| Deposit: | Capstan East | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/2/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-8-2019: Prodigy Gold NL announces an Exploration/Drilling Update report for its Capstan East deposit at the Bluebush project. Drilling results incl. 3m @ 0.17g/t Au from 60m. Prodigy Gold NL (ASX: PRX) (‘Prodigy Gold’ or the ‘Company’) is pleased to pro | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Matt Briggs (Internal) | |
| ABSTRACT: | Prodigy Gold NL (ASX: PRX) (‘Prodigy Gold’ or the ‘Company’) is pleased to provide an update on drilling currently being conducted at the Company’s 100% owned Bluebush Project in the Tanami Region of the Northern Territory. As previously advised (see ASX release dated 16 July 2019) 39 aircore holes have been drilled at the Capstan East Prospect within the Bluebush Project to test anomalous geochemical and structural targets and collect reconnaissance data to screen for new large-scale anomalies. Initial results received from this campaign have outlined 2km of gold and pathfinder (Ag, As, Bi, Cu) anomalism within the prospective Dead Bullock Formation. Prodigy Gold Managing Director, Matt Briggs, said; “Prodigy holds a large tenement area in the Tanami that has never previously been drilled, and this area hosts the same structural setting as the worldclass 14.2Moz Callie Gold Mine located 47km to the south east of our Bluebush Project.” “Following the recent identification of an anomalous gold structure at the Apertawonga target, drilling has now confirmed two additional areas of anomalous gold supported by coincident pathfinder (Ag, As, Bi, Cu) anomalism at Capstan East.” “Follow-up infill drilling is now planned to further define this anomalism ahead of a bedrock RC drilling program. With a very active exploration program underway across our portfolio, I look forward to reporting further updates on progress in the near-term.” | |
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