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WPG Resources Ltd.
Summary
| Project: | Challenger | |
|---|---|---|
| Deposit: | Challenger | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-5-2017: WPG Resources Ltd. announces an Exploration/Drilling Update report for its Challenger deposit at the Challenger project. Drilling results incl. 7.74m @ 42.89g/t Au from 45.36m. WPG Resources Ltd (ASX:WPG) has received further exciting gold assa | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kurt Crameri (Internal) | |
| ABSTRACT: | WPG Resources Ltd (ASX:WPG) has received further exciting gold assays from the next four holes in its Challenger Deeps drilling program announced on 3 April 2017. Results for the four holes drilled to test structures on the 115m RL level were announced on 11 April and 17 May 2017. Highlights for the latest four holes drilled are summarised below. These holes were designed to test the M1, M2, Aminus and Challenger West lodes on the 95m RL, which is 40 metres or two levels below the deepest mine workings. WPG’s Executive Chairman Bob Duffin said “The results announced on 11 April and 17 May and again today clearly show the main Challenger lodes extend at depth well below the limit of current mine development, and that the structures are heavily mineralised. 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 we have decided to extend the drilling program in an aggressive way to test those same structures along strike to the north east and south west. The drilling gives 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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