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Tanga Resources Ltd.
Summary
| Project: | Singida | |
|---|---|---|
| Deposit: | Winston | |
| Location: | Tanzania | |
| Commodities: | Gold | |
| Date: | 10/25/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-10-2016: Tanga Resources Ltd. announces an Exploration/Drilling Update report for its Winston deposit at the Singida project. Drilling results incl. 2m @ 56.43g/t Au from 16m. Since the last ASX announcement (17th August 2016) only one hole has returne | |
| Resources: | x | |
| CP/QP: | [Overall Report]: John Stockley (Internal) | |
| ABSTRACT: | Since the last ASX announcement (17th August 2016) only one hole has returned significant gold values: WDH029 drilled on the eastern side of Winston intersected 2m at 56.43g/t Au from 16m in mineralised amphibolite. NB recovery through this zone was 45% (HQ3 drill core). This hole has been followed up recently by hole WRC049 but results are not yet available. The shallow intersection in hole WDH029 is located 53m east of the very high gold grades (reported on 19th January 2016) in hole WRC004. The total strike length of high grade gold mineralisation intersected at Winston is now 90m in an east-west direction; values at +1g/t Au extend over 115m below surface. Drill hole WRC030 was completed 15m west of WRC021 (14m @ 3.75g/t Au from 42m to 56m) and returned a narrow, low grade intersection of 1m @ 1.96g/t Au from 77m to 78m and is the westernmost hole drilled to date at Winston. Recent drilling at Winston has shown that the host Banded Iron Formation (BIF) is complexly folded and faulted. Multiple zones of gold mineralisation of apparently restricted and/or discontinuous dip and plunge extent have been intersected to date, and ongoing geological work is aiming to provide a wire-frame shape to the mineralisation. Shown below are a series of drill sections from 724260E to 724330E (i.e. 70m of the strike direction of the Winston gold mineralisation): see Figures 5 to 7. | |
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