For thousands of other reports visit RSC's Mineral Intellingence Map
Stonewall Resources Ltd.
Summary
| Project: | TGME | |
|---|---|---|
| Deposit: | Theta Hill | |
| Location: | South Africa | |
| Commodities: | Gold | |
| Date: | 9/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-9-2017: Stonewall Resources Ltd. announces a Resource Estimation report for its Theta Hill deposit at the TGME project. Exploration Target Range established at Theta Hill. Stonewall Resources Limited (ASX: SWJ) (“Company”) is pleased to announce the pre | |
| Resources: | Exploration Target Range: 3.4Mt – 5.6Mt | |
| CP/QP: | [Resources]: Uwe Engelmann (Minxcon Pty Ltd.) | |
| ABSTRACT: | Stonewall Resources Limited (ASX: SWJ) (“Company”) is pleased to announce the preliminary results of data compilation and modelling undertaken to investigate a high grade, multiple-level gold reef system as part of ‘Project Bentley’ at the Company’s TGME Project in South Africa. Project Bentley was an exploration programme first initiated by Rand Mines in the 1990’s to delineate additional ore to feed the main TGME processing plant. Many of the horizontal gold reefs are stacked vertically one above the other and multiple flat reefs illustrate potential to be accessed via low-cost, open cut mining. Two areas are of primary focus at present – the Theta Hill area which is the basis of this announcement and the Columbia Hill area, work on which is ongoing. The focus of this study is to identify potential open cut mining opportunities. There are other areas also being identified along the 80 km breadth of this large gold district, as part of Project Bentley. The Theta Hill area is adjacent to the TGME CIL processing plant at Pilgrim’s Rest, and has been the focus of mostly underground mining up until the 1950’s, with the last mining in 1956 focused on open cut. The work undertaken to date by SWJ has involved modelling of historical drilling and sampling data which, subject to funding, SWJ plans to follow up shortly with drilling with the aim of establishing a Mineral Resource. | |
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