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Tanami Gold NL
Summary
| Project: | Central Tanami | |
|---|---|---|
| Deposit: | Ripcord, Suplejack | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/30/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-1-2020: Tanami Gold NL announces an Exploration/Drilling Update report for its Ripcord, Suplejack deposit at the Central Tanami project. Amended report - drilling results incl. 47m @ 3.66g/t Au from 82m. Perth, Australia, 30 January 2020: Tanami Gold N | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Micheal Mulroney (Northern Star Resources Ltd.) | |
| ABSTRACT: | Perth, Australia, 30 January 2020: Tanami Gold NL (ASX: TAM) (“Tanami” or the “Company”) is pleased to announce the following significant results, provided by Northern Star Resources (ASX: NST) (“Northern Star”), from recent drilling at the Central Tanami Project in its JV with Northern Star. RC Drilling at both Ripcord and Suplejack (Crusade) returned numerous significant intersections with a total of 12 RC holes for 3,887m and 16 RC holes for 3,239m completed at Ripcord and Suplejack (Crusade) respectively. Assay results for the final 3 holes at Suplejack are still pending. At Ripcord, gold mineralisation is interpreted to be hosted within the Ripcord Dolerite, which is interpreted as either the southern extension, or coeval intrusion, of the Groundrush Dolerite. Gold mineralisation is hosted within stacked quartz vein arrays, similar to that of the Groundrush deposit. The existing Ripcord resource has a significant component of supergene mineralisation, with most of the primary mineralisation intersections being too widely spaced for inclusion in the current resource model. An RC drilling program was undertaken at Ripcord to test both the mineralisation potential at depth and possible extensions along strike. A total of 12 RC drill holes for 3,887m were completed. | |
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