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WPG Resources Ltd.
Summary
| Project: | Challenger | |
|---|---|---|
| Deposit: | Challenger | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 6/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 29-6-2017: WPG Resources Ltd. announces an Exploration/Drilling Update report for its Challenger deposit at the Challenger project. Drilling results incl. 1m @ 19.89g/t Au from 79m. WPG Resources Ltd (ASX:WPG) has received further significant gold assays | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kurt Crameri, Paul Wittwer (Internal) | |
| ABSTRACT: | WPG Resources Ltd (ASX:WPG) has received further significant gold assays from the latest four holes in its Challenger Deeps drilling program. Results for the previous Challenger Deeps drilling were announced on 11 April, 17 May, 29 May and 22 June 2017. The four holes were drilled in a vertical fan covering the 135- 50mRL horizon and represent the furthest position away down plunge from the previous mining fronts. The highlights are summarised below. WPG’s Executive Chairman Bob Duffin said “The results announced on 11 April, 17 May, 29 May, 22 June and again today clearly show the main Challenger lodes extend at depth at least 75 metres below the limit of current mine development, and that the structures are heavily mineralised. “The Deeps drilling program will recommence in late August following development of a lower drilling cuddy as we recommence decline development below the 215 shear. “We will continue this drilling program with the objective of testing the lodes to even deeper levels. The results to date are highly encouraging and give us further encouragement that the M1, M2, Aminus and Challenger West structures below the 215 shear will form part of our future mining activities at Challenger”. None of the data reported on herein has been used for resource or reserve estimation. | |
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