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Strategic Minerals Corporation NL
Summary
| Project: | Woolgar | |
|---|---|---|
| Deposit: | Big Vein South | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/29/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-1-2018: Strategic Minerals Corporation NL announces an Exploration/Drilling Update report for its Big Vein South deposit at the Woolgar project. Drilling results incl. 59m @ 1.27g/t Au from 96m. The Company is pleased to announce the results of the thi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alistair Grahame (Internal) | |
| ABSTRACT: | The Company is pleased to announce the results of the third and final batch of four reverse circulation (RC) drill holes, totalling 706 metres, from the infill drill program at the Big Vein South (BVS) prospect in the Woolgar Project, including In total, 22 RC and 8 diamond (DD) holes were drilled for a total of 6,332 metres during 2017. The results announced here constitute the final RC drill holes. The results of the eight diamond-drill (DD) holes are expected to be available in the second quarter. The 2017 program includes both RC and diamond drilling aimed at fulfilling multiple technical objectives, which are required to make an initial assessment of the viability of the BVS resource: The information in the report to which this statement is attached that relates to Exploration Results is based on information compiled by Alistair Grahame, a Competent Person who is a Member of The Australian Institute of Geoscientists. Mr Grahame is a full-time employee of Strategic Mineral Corporation NL. Mr Grahame has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr Grahame consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. | |
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