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Troy Resources Ltd.
Summary
| Project: | Karouni | |
|---|---|---|
| Deposit: | Hicks 4 | |
| Location: | Guyana | |
| Commodities: | Gold | |
| Date: | 3/30/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-3-2020: Troy Resources Ltd. announces a Resource Estimation report for its Hicks 4 deposit at the Karouni project. Updated Mineral Resource Estimate for Hicks. TROY RESOURCES LIMITED 2 Troy Resources Limited (ASX: TRY) (Troy or the Company) is pleased | |
| Resources: | (Reserves, Prob.): 480kt @ 2.0g/t Au at Hicks | |
| CP/QP: | [Resources]: Richard Maddocks (Independent) | |
| ABSTRACT: | TROY RESOURCES LIMITED 2 Troy Resources Limited (ASX: TRY) (Troy or the Company) is pleased to provide an update as to activities at the Company’s wholly-owned Karouni Gold Project, Guyana. Exploration Hicks Exploration at Hicks has continued since the last exploration update released to the ASX on 16 January 2020. This additional drilling has successfully delineated further high-grade gold mineralisation. Best results from infill reverse circulation (“RC”) drilling at Hicks 4 include A cross-section through Hicks 4, located just to the north of the northern boundary of the Hicks 1 pit illustrating the new intersections is set out in Figure 1 (refer Figure 3 for a map illustrating the location): Mineralisation at Hicks 4 continues to present as a coherent steeply dipping zone of mineralisation of approximately 10 metres width, and open at depth. Larken A program of extensional RC drilling has been completed at Larken. The drilling program was conducted along strike to the south east of the Larken Pit, as set out in Figure 2. | |
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