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Stavely Minerals Ltd.
Summary
| Project: | Mathinna | |
|---|---|---|
| Deposit: | Mathinna | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/23/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-4-2020: Stavely Minerals Ltd. announces an Exploration/Drilling Update report for its Mathinna deposit at the Mathinna project. Drilling results incl. 8m @ 0.61g/t Au from 44m. Stavely Minerals Limited (ASX Code: SVY – “Stavely Minerals”) is pleased to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Chris Cairns (Internal) | |
| ABSTRACT: | Stavely Minerals Limited (ASX Code: SVY – “Stavely Minerals”) is pleased to advise that it has received initial assay results from its maiden diamond drill programme at the high-grade Mathinna Gold Project in north-eastern Tasmania (Figure 1). Three diamond drill holes (MDD002 to MDD004) were designed to test the potential extensions of the historical mine area. Drill hole MDD001 failed and was re-drilled as MDD002. Four diamond drill holes (MDD005 – MDD008) were drilled as part of Mineral Resources Tasmania’s (MRT) Exploration Drilling Initiative Program to better understand the overall stratigraphic and structural setting of the Mathinna area. Drill collar locations are presented in Figures 2 and 3, and collar details are given in Table 1. The extensional drilling identified lode style gold mineralisation in the projected locations and included a number of intervals containing small amounts of visible gold (Photo 1). | |
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