For thousands of other reports visit RSC's Mineral Intellingence Map
Troy Resources Ltd.
Summary
| Project: | Karouni | |
|---|---|---|
| Deposit: | Ohio Creek | |
| Location: | Guyana | |
| Commodities: | Gold-Silver | |
| Date: | 12/14/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 14-12-2018: Troy Resources Ltd. announces an Exploration/Drilling Update report for its Ohio Creek deposit at the Karouni project. Drilling results incl. 2.0m @ 39.56g/t Au from 99m. Troy Resources Limited (ASX: TRY) (Troy or the Company) is delighted to | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Richard Maddocks (Independent) | |
| ABSTRACT: | Troy Resources Limited (ASX: TRY) (Troy or the Company) is delighted to report the receipt of further high-grade assay results from the Company’s Phase 1 reverse circulation (RC) drilling program at the Ohio Creek Prospect in Guyana. In its “Outstanding First-Pass Assay Results at Ohio Creek” release to the ASX on 7 November 2018, Troy announced the progress of the Company’s Phase 1 RC drilling campaign at Ohio Creek including key assay results received to that point from the first 21 holes of the campaign. Troy advises that its Phase 1 RC drilling campaign at Ohio Creek has been completed. The campaign involved the drilling of 39 holes with individual hole depths of between 70 and 140 metres. Troy has recently received and is now pleased to report assay results from a further 12 holes of the Phase 1 campaign. A map illustrating drill hole locations and key assay results from all holes drilled thus far, including previously unreported assay results and from new holes TRC025, TRC026, TRC028, TRC029 and TRC034, is set out as Figure 2. As illustrated, mineralisation is currently interpreted to steeply dip to the NE. However, a flat dip to the NE is also another possible interpretation. Diamond drilling is required to better understand the nature and orientation of mineralisation. Hole TRC026 is located 200 metres to the north west of the Tallman Pit, down dip from TRC001 (16 metres @ 10.07 g/t Au from 2 metres). Significant mineralisation was also encountered in three separate zones | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report