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Troy Resources Ltd.
Summary
| Project: | Karouni | |
|---|---|---|
| Deposit: | Ohio Creek | |
| Location: | Guyana | |
| Commodities: | Gold | |
| Date: | 7/26/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-7-2019: Troy Resources Ltd. announces an Exploration/Drilling Update report for its Ohio Creek deposit at the Karouni project. Drilling results incl. 5m @ 27.5g/t Au from 62m. Troy Resources Limited (ASX: TRY) (Troy or the Company) is pleased to provid | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Richard Maddocks (Independent) | |
| ABSTRACT: | Troy Resources Limited (ASX: TRY) (Troy or the Company) is pleased to provide an update of activities at the Company’s wholly-owned Ohio Creek Prospect, Karouni Gold Project, Guyana. The Ohio Creek Prospect is located on the highly prospective Tallman Corridor, approximately ten kilometres north-north-east of Troy’s operating Karouni Mill (refer Figure 1). Drilling at Ohio Creek commenced in October 2018 and within a relatively short period of time, the Company has identified a gold-mineralised corridor of approximately 950 metres length which is open in all directions. A map of Ohio Creek identifying key intersections and other geological features, and on which three boxes which are identified representing areas the subject of more detailed discussion in the text below, is set out in Figure 2. Immediately along strike to the north-west of the Tallman Pit, which was developed by the previous Guyanese owners, Troy has identified high-grade gold mineralisation at or near surface (the area denoted “Central” in Figure 2). | |
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