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Rand Mining Ltd.
Summary
| Project: | EKJV | |
|---|---|---|
| Deposit: | EKJV | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/13/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 13-7-2017: Rand Mining Ltd. announces an Exploration/Drilling Update report for its EKJV deposit at the EKJV project. JV with Northern Star Resources, Tribune Resources - results incl. 4.03m @ 24.2g/t Au from 181.06m. Rand Mining Ltd (ASX code: RND) has p | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rick Gordon (Northern Star Resource Ltd.) | |
| ABSTRACT: | Rand Mining Ltd (ASX code: RND) has pleasure in providing the Quarterly EKJV Exploration Report dated 12 July 2017. Exploration activity in the June 2017 quarter involved completion of several diamond drilling programs. A surface drilling program commenced at the early-stage Papa Bear prospect. In-mine exploration focussed on extensions to the Hornet system. Assay results from Papa Bear were returned for the previous quarters’ aircore drilling. Diamond drilling at Papa Bear commenced to follow-up anomalous air core drilling results from March-April 2017. Diamond drilling program commenced on 23 June with a total of 231m drilled in PBDD17001 which is expected to be completed in early July. The hole suffered significant core loss in the regolith with triple tube drilling considered for future diamond drill holes in the area. Multi element assay results for the Papa Bear aircore program completed in March were received in the quarter. Pathfinder element trends defined trends in a NW-SE orientation in line with stratigraphy. Tungsten correlates with an anomalous gold trend which is the target of the current diamond hole. Four of the ten K2 intersections recorded significant intersections with HORRT17001 returning the best result of 65 gram metres (highlighted in Figure 4: Hornet K2 long section showing holes drilled during the quarter. Significant intercepts are highlighted with white circles.. The K2 represents as weak, laminated quartz veining in sulphide rich shale. Visible gold was noted in the main vein. | |
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