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Syndicated Metals Ltd.
Summary
| Project: | Newington | |
|---|---|---|
| Deposit: | Dawsons, Newfield East, Newfield Central | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/19/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-11-2019: Syndicated Metals Ltd. announces an Exploration/Drilling Update report for its Dawsons, Newfield East, Newfield Central deposit at the Newington project. Drilling results incl. 2m @ 13.0g/t Au from 146m. Syndicated Metals(ASX: SMD) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Langworthy (Internal) | |
| ABSTRACT: | Syndicated Metals(ASX: SMD) is pleased to report final assay resultsfrom the most recent Reverse Circulation (RC) drilling program at its 100%-owned Newington Gold Project in WA’s Southern Cross greenstone belt (Figure 1). The results have confirmed the high-grade potential at the Dawsons prospect and the broad-scale nature of the mineralisation at the Newfield Central and Newfield East prospects. This most recent drilling provides confidence that larger analogues may be present regionally and provides the foundation for a systematic regional exploration campaign planned to commence shortly. To date, Syndicated has focused on confirming the potential for extensions to the known mineralisation at the Dawsons and Newfield Central and East prospects (Figure 2). Recent drilling and interpretation of the geology at these prospects has confirmed theirindividual prospectivity and demonstrated that the northern portion of the Southern Cross Greenstone Belt can replicate the exploration success to the south. Significant mining operations in the area (both existing and historic) include Edna May (Ramelius Resources) and the Marvel Loch and Yilgarn Star Projects (Minjar Gold) (Figure 3). A programme of systematic regional exploration including surface sampling, mapping and “back-to-basics” exploration will now be planned and executed commencing in Q1 2020. Drilling will be undertaken on selected targets shortly thereafter. | |
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