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Saracen Mineral Holdings Ltd.
Summary
| Project: | Carosue Dam | |
|---|---|---|
| Deposit: | Whirling Dervish, Karari | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 27-11-2017: Saracen Mineral Holdings Ltd. announces an Exploration/Drilling Update report for its Whirling Dervish, Karari deposit at the Carosue Dam project. Drilling results incl. 34.1m @ 4.74g/t Au from 160.9m. Saracen Managing Director Raleigh Finlays | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Daniel Howe (Internal) | |
| ABSTRACT: | Saracen Managing Director Raleigh Finlayson said the latest results provide further strong evidence of the organic growth opportunities immediately adjacent to the Carouse Dam mill. “With Whirling Dervish showing early promise, and Karari’s outstanding form continuing, Saracen is well positioned to continue mining at Carosue Dam for at least the next 10 years,” he said. Drilling at the Carosue Dam Operations has continued with three underground diamond rigs operating across the three underground mines – Whirling Dervish, Karari and Deep South. Drilling has rapidly progressed at Whirling Dervish over the last two months from the mine’s first dedicated underground drill platform. The initial focus has been on close spaced infill drilling (nominal 20m x 20m) across the upper levels proximal to the portal location. This will provide valuable local scale geological information. Observations are currently being interpreted and supplemented with detailed geochemical analysis to provide additional insight into the genetic relationship between Whirling Dervish and the neighbouring Karari deposit. The infill drilling program at Whirling Dervish has improved visibility on the higher grade trends, similar to those observed at the Karari deposit, previously identified in resource drilling conducted from surface. Below is a table of significant Whirling Dervish infill intercepts. | |
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