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Xantippe Resources Ltd.
Summary
| Project: | Southern Cross | |
|---|---|---|
| Deposit: | Southern Cross | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/29/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-4-2020: Xantippe Resources Ltd. announces an Exploration/Drilling Update report for its Southern Cross deposit at the Southern Cross project. Drilling results incl. 3m @ 14.8g/t Au from 94m. Xantippe Resources Limited (ASX: XTC) (XTC or the Company) ad | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jeremy Peters (Burnt Shirt Pty Ltd.) | |
| ABSTRACT: | Xantippe Resources Limited (ASX: XTC) (XTC or the Company) advises that it has received assay results for the recently completed maiden drilling programme1 over the acquired Southern Cross gold project in Western Australia. A total of 16 holes for an advance of 1,722m of reverse circulation drilling (Table 1) were completed across three prospects: Glendower, Xantippe and Treasury South. Drilling has successfully identified broad zones of mineralisation with the expected geological structure associated throughout the Southern Cross Greenstone Belt. Drilling at Xantippe intersected a sequence of intensely sheared and altered mafic rocks (amphibolite) with zones of mineralisation including intersections of massive quartz veining and associated chlorite/sericite alteration and minor sulphides (pyrite/arsenopyrite) indicating that drilling had intersected a mineralised system of note. Several large pegmatites intruded the sequence. Along strike drilling is limited in this area, however mineralisation can be traced between holes over 100m and it remains open along strike. | |
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