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Segue Resources Ltd.
Summary
| Project: | Barlee | |
|---|---|---|
| Deposit: | T1, T2 | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/14/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-9-2017: Segue Resources Ltd. announces an Exploration/Drilling Update report for its T1, T2 deposit at the Barlee project. Drilling results incl. 48m @ 0.67g/t Au from 27m. Segue Resources Limited (Segue or the Company) is pleased to announce | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Dean Tuck (Not stated) | |
| ABSTRACT: | Segue Resources Limited (Segue or the Company) is pleased to announce the results of its maiden aircore (AC) and reverse circulation (RC) drilling programme at the 100% owned Barlee Gold Project in the Southern Cross Region of Western Australia (Figure 1). The 4,715m drilling programme was designed to follow up on the highly prospective T1a and T2 gold prospects (Figure 2) which had been identified through BLEG, soil sampling, magnetic interpretation and geological mapping over the past 12 months.The drill programmes at T1 and T2 were designed to target gold mineralisation at the base of weathering and collect fresh rock samples for multielement and hyperspectral analysis. This was achieved through a combination of aircore and shallow RC drilling. Drilling was initially carried out at 80m spacings to determine the presence of saprolite and depth to fresh rock (Figure 3). Mineralisation at T2 is associated with numerous quartz‐carbonate‐sulphide veins within a wide zone of disseminated sulphide adjacent to a shear structure which has been intruded by felsic igneous rocks. Following the successful drilling programme at the T1 and T2 prospects, Segue will commence a 6,000m aircore/RC drilling programme at the T6, T8 and T11 prospects (Barlee South) in October 2017 (Figure 8). The drill programme is planned to take four weeks to complete, with initial assay results expected by mid‐ November 2017. | |
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