Page 119 - pd276-Oct19-mag-web_Neat
P. 119

www.capdrill.com                                                   www.capdrill.com



         associated with the recently discovered   cluding 4m @ 1.72 g/t, including 1m @   The right moves by
         high-grade hanging wall mineralisation   5.52 g/t).
         whereby 29m @ 4.1 g/t gold was hit.   While the hole is not believed to have   Chesser
           Meanwhile, highlights from infill drilling   intersected the porphyry responsible for
         at the Laura lode returned 21m @ 2.48   the high-grade structurally-controlled   Assays received from the remaining 12
         g/t gold (including 1m @ 15.1 g/t), 11m @   polymetallic  copper-gold-silver  miner-  RC  drill  holes  from  the  Phase  2  drilling
         2.52 g/t, 16m @ 1.82 g/t, while new re-  alisation, the hole is expected to provide   programme at Chesser Resources Ltd’s
         sults from Duchess were 22m @ 1.22 g/t,   further valuable information on the po-  Diamba Sud project, Senegal, returned
         35m @ 0.85 g/t (including 20m @ 1.04   tential location of the source porphyry.  further significant intersections along two
         g/t) and 11m @ 1 g/t.                 Once all assays have been received   interpreted north-trending host structures
                                             and the short-wavelength infra-red data   adjoining Line D within the Northern Arc
                                                                                  target.
         Catalyst for high grade             collected and processed, there will be a   Results included 53m @ 2.61g/t gold
                                             review of the observations and consider-
           A high-grade gold intersection of 11m   ation given towards targeting a possible   from 57m (including 17m @ 4.97 g/t from
         @ 37.2 g/t gold has highlighted the poten-  second deep drill hole.      59m), 4m @ 2.23 g/t  from  93m, 4m @
         tial down-plunge extensions at Catalyst   At the time of print, a drill rig was be-  2.75 g/t from 99m, 14m @ 1.74 g/t from
         Metals Ltd’s Boyd’s Dam on the Four Ea-  ing moved to SMD050 to test for shallow   8m and 2m @ 4.99 g/t from 22m.
         gles project, Victoria.             high-grade  structurally-controlled  poly-  The Northern Arc target reportedly ex-
           The 11m @ 37.2 g/t gold (including 1m   metallic copper-gold-silver mineralisa-  hibits characteristics similar to other large
         @ 247 g/t and 1m @ 150.5 g/t) and 1m @   tion on the ultramafic contact fault.  gold systems in the region, including
         24.3 g/t was struck at the southern plunge                               Gounkoto/Loulo and Fekola.
         extension, with the company reporting
         the completion of geotechnical diamond
         drilling at Boyd’s Dam.
           Meanwhile, a small RC and diamond
         drilling  programme  at  Pickles  was  suc-
         cessful  in  extending  the  gold  zone  by
         200m to the south, with low-grade gold
         hit in three diamond holes.

         Surprise gold for

         Stavely
           Stavely Minerals Ltd reported that par-
         tial assays from a deep diamond hole
         at  SMD049  at  the Thursday’s  Gossan
         prospect in western Victoria returned un-
         expected gold intervals.
           SMD049, drilled to target the source
         porphyry for the polymetallic high-grade
         structurally-controlled copper-gold-silver
         mineralisation intersected in recent drill-
         ing, was to a depth of 1,767.6m. Assays
         returned down to 1,325m included: 17m
         @ 0.3% copper from 583m (including
         6m @ 0.43% copper and 0.26 g/t gold
         from 587m), 37m @ 0.26% from 664m,
         22m @ 0.11%, 0.49 g/t from 1,223m (in-                       Chesser continues to have success at Diamba Sud, Senegal







 African expertise that delivers results


 Contact us to discuss how our knowledge and experience

 operating across Africa can help your project.



 info@capdrill.com   |   www.capdrill.com





                                                                                  aUSTRaLIa’S PaYDIRT   OCTOBeR 2019   Page 119
   114   115   116   117   118   119   120   121   122   123   124