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Prodigy Gold NL
Summary
| Project: | Hyperion | |
|---|---|---|
| Deposit: | Hyperion | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-12-2019: Prodigy Gold NL announces an Exploration/Drilling Update report for its Hyperion deposit at the Hyperion project. Drilling results incl. 18m @ 0.12g/t Au from 78m. Prodigy Gold NL (ASX: PRX) (‘Prodigy Gold’ or the ‘Company’) is pleased to prov | |
| Resources: | (Resource, I+I): 4.93Mt @ 1.95g/t Au for 310Koz Au | |
| CP/QP: | [Overall Report]: Sam Ekins (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 Company’s 100%-owned Hyperion Project in the Tanami Region of the Northern Territory. Prodigy Gold is continuing to systematically explore the Company’s 100%-owned project portfolio with aircore and diamond drilling to screen for new large-scale gold deposits in the Tanami. As part of this strategy, a total of 32 aircore holes were completed in late October and assay results have now been received. Prodigy Gold Managing Director, Matt Briggs, said; “This latest aircore program clearly highlights the potential for the existing resource at Hyperion to extend further south having intersected the targeted gold and arsenic anomalism along strike to the south of the existing resource." “We now have confirmation that the Hyperion structure is mineralised with gold, and taking into account the lack of previous drilling across the project area, we are looking forward to testing these southern extensions in the New Year.” | |
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