For thousands of other reports visit RSC's Mineral Intellingence Map
Syndicated Metals Ltd.
Summary
| Project: | Monument | |
|---|---|---|
| Deposit: | Korong | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/18/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-12-2017: Syndicated Metals Ltd. announces an Exploration/Drilling Update report for its Korong deposit at the Monument project. Drilling results incl. 8m @ 1.06g/t Au from 16m. Syndicated Metals (ASX: SMD) is pleased to advise that it has received fina | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Munckton (Internal) | |
| ABSTRACT: | Syndicated Metals (ASX: SMD) is pleased to advise that it has received final assay results from the recently completed aircore drilling program at its 100%‐owned Monument Gold Project in the world‐class Laverton gold district of WA (Figure 1). The drilling has defined extensive zones of shallow gold mineralisation at five prospect areas which will be followed up early next year. All assay results have now been received for the 417‐hole, 9,902m aircore program. Holes were drilled at predominantly 400m by 50m spacing with in‐fill lines at 200m by 50m spacing over a strike length of approximately 4.8km (refer to SMD Announcement dated 12 October). Assets, Experience, Growth Significant zones of shallow gold mineralisation were encountered at the Korong South, Old Copper and Korong East prospects. The results further enhance Syndicated’s view that these prospects, when combined with the detailed geological understanding established from RC drilling at the Korong Prospect in early 2017, form part of a large‐scale, gold mineralisation system at Monument which is related to the interaction between the Korong East Felsic intrusion and the late stage Korong Shear Zone (see Figure 2). Gold mineralisation in the area has now been delineated over a strike length of 4.4km including the Korong Trend, the Old Copper Trend and the Korong East mineralisation. The drilling has also demonstrated that the mineralisation remains open in several directions, with significant potential to be expanded with further drilling. This potential will be tested with follow‐up aircore and RC drilling early next year. | |
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