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Terrain Minerals Ltd.
Summary
| Project: | Great Western | |
|---|---|---|
| Deposit: | Great Western | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/30/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 30-3-2017: Terrain Minerals Ltd. announces a Resource Estimation report for its Great Western deposit at the Great Western project. Amended JORC Table for Mineral Resource Estimate at Great Western. Terrain Minerals Ltd (ASX: TMX) is pleased to announce a | |
| Resources: | (Resource, Total): 709000t @ 2.72g/t Au at project | |
| CP/QP: | [Resources]: Peter Ball (DataGeo Geological Consultants) | |
| ABSTRACT: | Terrain Minerals Ltd (ASX: TMX) is pleased to announce an updated mineral resource estimate for the Great Western (GW) gold deposit. This update includes the most recent drilling results and provides additional confidence in the resource. Reverse Circulation (RC) drilling completed in December 2016 has been added to the new model with the results providing support to the continuity of the mineralised zones in the upper levels as well as the eastern end of the Deposit. Also, the nearer to surface drilling was used in conjunction with a review of previous logging to enable a defensible interpretation of the position of the underground stopes. As a result, the GW model is now even more robust than before. In comparison to the previous reported mineral resource (ASX Release 24 August 2015) at the same cut-offs there is a significant increase in the amount of material which has the potential to be included in an open cut mining scenario. There is also a significant increase in the Measured and Indicated component of the reportable resource. | |
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