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WPG Resources Ltd.
Summary
| Project: | Tarcoola | |
|---|---|---|
| Deposit: | Warrigal | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 8/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 9-8-2017: WPG Resources Ltd. announces an Exploration/Drilling Update report for its Warrigal deposit at the Tarcoola project. Drilling results incl. 3m @ 10.11g/t Au from 87m. WPG Resources Ltd (ASX:WPG) is capitalising on a number of exploration opportu | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul Wittwer (Internal) | |
| ABSTRACT: | WPG Resources Ltd (ASX:WPG) is capitalising on a number of exploration opportunities to add further ounces to the Tarcoola operation on the Mining Lease. This is a result of increased understanding of geological controls as mining advances in the Perseverance Pit (Figure 1). Various RC drill programs are currently being prepared. A seven-hole RC program designed to test the large Warrigal IP chargeability anomaly has been completed with 1,256m drilled. Significant quantities (1-5%) of sulphides (pyrite) were encountered in every hole, ranging from 17-53% of the length of the holes, which confirmed the IP anomaly was caused by sulphides. The bulk of these were in black shale, but there were also many in other lithological intervals including sandstone, quartzite, shale, conglomerate and granite. The drilling results are summarised in more detail in Appendix 1. Pending any significant final results, exploration focus will shift from Warrigal to the many other prospective areas on the Mining Lease. None of the data reported on herein has been used for resource or reserve estimation. | |
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