For thousands of other reports visit RSC's Mineral Intellingence Map
Rex Minerals Ltd.
Summary
| Project: | Hog Ranch | |
|---|---|---|
| Deposit: | Bells | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 11/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-11-2019: Rex Minerals Ltd. announces an Exploration/Drilling Update report for its Bells deposit at the Hog Ranch project. Drilling results incl. 90m @ 1.23g/t Au from 21.3m. Rex Minerals’ Managing Director, Richard Laufmann, said: “This new drilling p | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Steven Olsen (Internal) | |
| ABSTRACT: | Rex Minerals’ Managing Director, Richard Laufmann, said: “This new drilling program has been very successful. As planned, it confirms a consistent shallow zone of higher-grade gold mineralisation.” “Not only are these results extremely positive, they also provide an indication that Bells may be a larger and a more significant Mineral Resource than we initially estimated.” “The implications of these results are significant for Rex, and reinforce our decision to invest in Hog Ranch. These results help to define the immediate focus of our work plan.” Rex Minerals Ltd (Rex or the Company) has received gold assay results from a recent drilling program at Bells, situated within the Company’s Hog Ranch Gold Property in Nevada, USA. The drilling results have confirmed information that previously defined a shallow “blanket” of horizontally-dispersed gold mineralisation (Table 1), which in some cases extends at depth into further lower-grade gold mineralisation (Table 2). This new drilling confirms that both the higher-grade gold mineralisation and surrounding “halo” of lower-grade gold mineralisation can be defined in greater detail, using a combination of both the recent drilling and the extensive historical drilling information (Figures 2 and 3). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report