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Resolution Minerals Ltd.
Summary
| Project: | 64North | |
|---|---|---|
| Deposit: | Aurora | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 5/14/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-5-2020: Resolution Minerals Ltd. announces an Exploration/Drilling Update report for its Aurora deposit at the 64North project. Drilling results incl. 1.01m @ 1.59g/t Au from 389.8m. Resolution Minerals Ltd (RML, Resolution or the Company) has received | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Duncan Chessell (Internal) | |
| ABSTRACT: | Resolution Minerals Ltd (RML, Resolution or the Company) has received assays from the lower 1/3rd (323m to 462m) of recently completed hole #1; and all assays from hole #2 TD 194m (which is incomplete), at the Aurora Prospect. In March 2020 drilling was undertaken at the Company’s first diamond drill hole (20AU001) to a depth of 462m. The holes were designed to test structural and geophysical signatures as an orientation to the project geology and potential flat lying Pogo-style mineralisation at depth. Drilling was halted on the second diamond drill hole (20AU002) before reaching target depth of 600m (Figure 5) due to COVID-19 issues. Drilling is planned to restart on the compelling Aurora Prospect in late May on high priority targets, beginning with hole A6, which is located immediately north of 20AU001 (Figure 3 and Figure 4). The Aurora Prospect is adjacent to the world-class high-grade operating Pogo Gold Mine. The results of the drilling program confirm the exploration model and will be invaluable in determining future drill targets. The Company looks forward to the resumption of field operations and further drilling in the immediate future. The drill crew will quarantine on site and commence work, under a State of Alaska approved plan, as the mining industry has been declared an essential service. | |
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