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Truscott Mining Corporation Ltd.
Summary
| Project: | Westminster | |
|---|---|---|
| Deposit: | Westminster | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Iron-Bismuth | |
| Date: | 6/21/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-6-2017: Truscott Mining Corporation Ltd. announces an Exploration/Drilling Update report for its Westminster deposit at the Westminster project. Drilling results incl. 1.0m @ 82.05ppm Au, 8.8ppm Ag, 15.30% Fe, 5200ppm Bi from 84m. Recent drilling combi | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Judith Hanson (Not Stated) | |
| ABSTRACT: | Recent drilling combined with local and regional scale research have provided the context for documenting that the Westminster Gold Project now has the potential to become a large company operation based on significant mineralisation. The focus of the company’s recent drilling activities has been the number one ore body within the more extensive Westminster Project area. It should be understood that initial emphasis on this area of work is the result of a legacy of historical drilling that concentrated on artisan workings, and it was not necessarily considered the most prospective part of the project area. Drilling has confirmed that the plunge of the ironstones hosting the ore body is in accordance with Truscott’s structural model. The four ironstone shoots delineated so far are not constrained at depth. It is noted that government reports indicate the prospective metasediments in the region are up to several kilometres in depth. Later stage gold mineralisation is located in a number of shear elements that cross cut the ironstone bodies and effectively create slices of highly sheared and mineralised rock. The true width of these shears is typically five to seven metres wide. The consistency of the shearing indicates large scale structural activity with the potential to condition sites for extensive bodies of mineralisation. The technical overview is that Orogenic scale dynamic shearing activity appears to have postdated earlier structural folding of the sedimentary sequence. Pathways for mineralising fluid are, in part defined by the discordant later stage shearing and in part related to the earlier folding of the metasediments. | |
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