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Transaction Announcement Reports
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Project: | Farr Jones | |
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Deposit: | Farr Jones | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 10/23/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 23-10-2018: Riversgold Ltd. announces an Exploration/Drilling Update report for its Farr Jones deposit at the Farr Jones project. Drilling results incl. 5m @ 0.78g/t Au from 168m. Riversgold Limited (ASX: RGL, “Riversgold”) is pleased to provide an update | |
Resources: | x | |
CP/QP: | [Overall Report]: Allan Kelly (Internal) | |
ABSTRACT: | Riversgold Limited (ASX: RGL, “Riversgold”) is pleased to provide an update on the Farr-Jones prospect where RC drilling has confirmed the presence of at least three zones of easterly dipping gold mineralisation over a strike length of almost 600m. Farr-Jones is located approximately 15km northeast of Silver Lake Resources’ Randalls processing plant in the Eastern Goldfields region of Western Australia (Figure 1). In July 2018, Riversgold intersected highgrade gold mineralisation in its first two holes at Farr-Jones, including 3m @ 17.8g/t Au in FJRC0001 (see ASX Release dated 2 July 2018). The Company has recently completed a second programme of RC drilling, comprising five holes, which included the intersection of gold mineralisation beneath a previously untested soil anomaly 400m north of the main Farr-Jones target (see ASX Release dated 17 October 2018). The Company has now received all results from the most recent drilling programme. | |
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