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Rand Mining Ltd.
Summary
| Project: | EKJV | |
|---|---|---|
| Deposit: | EKJV | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/17/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 17-10-2017: 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. 5.09m @ 48.8g/t Au from 316.8m. Exploration activity in the September | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rick Gordon (Northern Star Resource Ltd.) | |
| ABSTRACT: | Exploration activity in the September 2017 quarter consisted of four regional exploration programs and testing five in-mine targets. In July, four long diamond holes were drilled from Pegasus underground largely as stratigraphic drillholes. The program comprised 2,182m of NQ diamond drilling and successfully defined the position of two key stratigraphic units, a mafic intrusive sill and a map-scale lens of ultramafic rock. Both units have been mapped at surface, but their three-dimensional placement was unclear. Drilling of the Papa Bear target began very late in the June quarter of FY16/17 with the first hole of the program finished in July. The program began with two diamond drillholes to establish stratigraphy and then four RC holes to test an anomalous grade trend from the previous financial year’s aircore drilling. In August 21 aircore holes were drilled at Montague on M15/993 for a total of 905m. The program was primarily designed as a top-of-fresh geochemical survey. Five diamond drill-holes were drilled for 1,223 metres at the Falcon prospect during September. The aim of this program was to test and define the controls on economic intercepts at Falcon South. The Falcon prospect is located within the Zuleika Shear Zone, 400 metres west of the K2- hosted Pegasus and Drake prospects. A total of 52 underground diamond holes for 9,375 metres were drilled targeting various lodes in the Hornet-Rubicon-Pegasus (RHP) Mine. | |
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