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Ora Gold Ltd.
Summary
| Project: | Abbotts | |
|---|---|---|
| Deposit: | New Murchison King, South Vranizan | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/6/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-8-2019: Ora Gold Ltd. announces an Exploration/Drilling Update report for its New Murchison King, South Vranizan deposit at the Abbotts project. Drilling results incl. 4m @ 17.82g/t Au from 0m. Ora Gold Limited (ASX: OAU) is pleased to announce the resu | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Costica Vieru (Internal) | |
| ABSTRACT: | Ora Gold Limited (ASX: OAU) is pleased to announce the results of two reverse circulation drilling programs and the first phase of diamond drilling at the Abbotts Gold Project (M51/390). The programs were designed to extend and duplicate some of the gold intersections from previous explorers and to validate the mineralisation model in the upper part of the mineralised system. The first and second phases of reverse circulation (RC) drilling and the initial diamond drilling (DD) program at the Abbotts Gold Project, which is located 35 kilometres north of Meekatharra (Figure 1), have been completed and assay results returned. The program of fifty short RC holes totalled 3,242m and three diamond tails totalled 297.5m over the New Murchison King and South Vranizan area (Figure 2). Details of the drill holes are included in Tables 3 and 4. The RC program confirmed previous drilling (pre-2002) with results that were as expected or slightly better. The DD tested the down-dip extension of the Eastern Shear Zone (ESZ) below the high grade shallow historical workings (21,700t at 35g/t Au recovered: GSWA Bull. 96). Continuity of the ESZ is indicated by drilling to 170m below surface, with a width of 1-2 metres and a strike of 100 metres to date. The ESZ is interpreted to be open at depth and plunging to the north. | |
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