RE: 10 bag18 Sep 2017 16:39
From BGM Linked in profile
Lighthouse Project, Queensland, Australia - GRANTED EPM 25617
Exploring for high-grade gold, copper, silver deposits located 17km east of Pajingo Gold Mine. Lighthouse has similar geology to Mt Leyshon and Mt Wright and potential exists to identify a similar deposit style and size (+2m ozs gold). Significant results from drilling to date include...
5m @ 7.46g/t Au
5m @ 6.55g/t Au
2m @ 7.12g/t Au
2m @ 7.30g/t Au
2m @ 13.19g/t Au
Marengo Project, Queensland, Australia - EPM 25715 GRANTED
BGM's tenement incorporates 37 gold workings making up the entire historical Marengo Goldfield. With rock samples up to 17g/t Au, 78g/t Ag and 2.16% Cu and costeaning results returning 12m @ 6.10g/t Au, Marengo has all the signs of an Intrusion-Related Gold System (IRGS). Thirty nine (39) shallow drill holes have been drilled to date.
Copperhead Project, Queensland, Australia - EPM 25531 APPLICATION STAGE
A very large-tonnage, low-grade porphyry copper deposit. Listed in the USGS "Global Mineral Resource Assessment Report", Copperhead has a resource quoted in 2010 by the Geological Survey of Queensland of 54,600T of contained copper based on only 5 wide-spaced drill holes. This preliminary resource is expected to grow considerably with further exploration. Three hundred metre (300m) deep diamond drill holes have intersected variable amounts of visible chalcopyrite from surface to end of hole in each hole. Grades up to 2.1% Cu are achieved in the diamond drilling. BGM considers this a "Big Company" target and invites companies to participate in this large target prospect.