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Resolution Minerals Ltd.
Summary
| Project: | 64North | |
|---|---|---|
| Deposit: | Aurora | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/27/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-4-2020: Resolution Minerals Ltd. announces an Exploration/Drilling Update report for its Aurora deposit at the 64North project. Drilling results incl. 1.28m @ 0.35g/t Au from 129.76m. The company is highly encouraged by these first results from a green | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Duncan Chessell (Internal) | |
| ABSTRACT: | The company is highly encouraged by these first results from a green fields exploration program. The results confirm the exploration model and will be invaluable in determining future drilling. Resolution Minerals Ltd (RML, Resolution or the Company) has received (partial) assays from surface to 323m of recently completed hole #1 at the Aurora Prospect. In March 2020 drilling was completed at the Company’s first diamond drill hole (20AU001) to a depth of 462m (Figure 6 and Figure 7). The first hole was designed to test structural and geophysical signatures as an orientation to the project geology. Encouragingly the rock type, quartz veining, intense alteration and very high levels of arsenic and bismuth correlating to gold in assays intersected, support the sulphide mineralisation typical of a Pogo-style mineral system. Due to spring thaw, drilling was halted and scheduled to recommence on the compelling Aurora Prospect in the second half of May. The Aurora Prospect is adjacent to Northern Star’s world class high grade operating Pogo Gold Mine, see Figure 7 and Figure 8. RML’s continued drilling will pick up on the initial program that, due to logistical considerations, did not test our highest priority target, see Figure 1 and Figure 7. | |
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