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Prodigy Gold NL
Summary
| Project: | Bluebush | |
|---|---|---|
| Deposit: | Hat, Capstan | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-12-2019: Prodigy Gold NL announces an Exploration/Drilling Update report for its Hat, Capstan deposit at the Bluebush project. Drilling results incl. 6m @ 0.52g/t Au from 36m. Prodigy Gold NL (ASX: PRX) (‘Prodigy Gold’ or the ‘Company’) is pleased to pr | |
| 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 aircore drilling recently completed at the Hat and Capstan North Prospects located within the Company’s 100%-owned Bluebush Project in the Tanami Region of the Northern Territory. A total of 62 aircore holes have been completed at the Hat (44 holes) and Capstan North (18 holes) Prospects, with drilling returning several >0.5g/t Au intersections and defining a 1.2km long >0.3g/t Au sub-area within the Hat Prospect. Prodigy Gold is continuing to explore its 100%-owned portfolio with a combination of both aircore and reverse circulation (“RC”) drilling as part of its strategy to screen for deposits analogous to the 14.2Moz Callie Gold Mine. Prodigy Gold Managing Director, Matt Briggs, said; “These latest results from the Hat Prospect are some of the best intersections we have received from aircore drilling completed during this field season. Gold anomalism on this target extends for over 3km of strike and 500m wide on the drill sections recently completed.” “Given recent drilling has continued to extend the existing gold anomaly at Hat, we are now eager to generate a more precise understanding of the controls and potential scale of this gold structure so we can optimise bedrock drilling to be completed at the Prospect during the 2020 field season.” | |
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