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Woomera Mining Ltd.

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Summary

Project:

Mount Venn

Deposit:Three Bears
Location:Australia
Commodities:Gold-Copper
Date:1/29/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-1-2020: Woomera Mining Ltd. announces an Exploration/Drilling Update report for its Three Bears deposit at the Mount Venn project. Drilling results incl. 4m @ 0.77g/t Au, 0.11% Cu. Woomera Mining Limited (ASX code: WML) is pleased to advise that it has
Resources:x
CP/QP:[Overall Report]: Gerard Anderson (Internal)
ABSTRACT:Woomera Mining Limited (ASX code: WML) is pleased to advise that it has received the results of the first phase of its aircore drilling program at the Mount Venn gold project in the north eastern goldfields of Western Australia. The 4m composite assay results from its Phase One exploration drilling program, comprising 83 aircore holes for a total 2,826 metres drilled, was completed at the Three Bears prospect during November and December 2019 (Figure 1). The program was designed to test for a potential strike extension of the known gold mineralised zone. The results have confirmed that the mineralised zone at Three Bears extends north for at least two kilometres along strike making the north-south extent of the mineralised zone at Three Bears approximately six kilometres in length. The assays compare favourably with the first assays from Cazaly Resources Limited (ASX:CAZ) and the Gold Road discovery of Gruyere. Woomera’s Managing Director Gerard Anderson said: “The aircore drill results from our recent Three Bears drilling have extended the zone of gold anomalism to over 6 kilometres in strike length. Several intersections will be followed up with deeper RC drilling. That drilling will also test known high grade quartz veining at Chapman’s Reward, Lang’s Find and Jutson’s Rocks once those drill sites have been cleared by an ethnographic clearance survey planned in February/March 2020.”

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