RE: Greatland Gold RNS, 23.9.19: Blackhills, Paterson, W.A23 Sep 2019 19:49
I have just checked Greatland Gold*s Blackhills results of today, 23.9.19 with a s t r i ke length of approximately 3km with Antipa Resources [ASX] Farm-in with Rio Tinto as theirs is a shallow deposit within the El Paso Corridor to GGP*s -Newcrest Havieron.
Quote:
From Antipa*s latest Beever Creek Presentation:
"Pg 13 out of 27: Calibre deposit [Rio Tinto Farm-in]
Discovered under 80m of cover, 1.6 km long, up to 480m thick, extends 500m down dip, remains open in all directions, 45km from Telfer - Large Scale mineral system. Emphasis on extending regions of higher-grade mineralisation."
"1.3moz at 0.85g/t au gold.."
"Pg 24 gives the detailed results for Calibre JV with Rio"
"58m at 0.36g/t Au gold & 0.13% Cu copper."
"54m at 0.66g/t Au & 0.06%cu copper."
"Right side of chart:
"13m at 0.64g/t au gold & 0.08% cu copper"
"81m at 1.83g.t au gold & 0.15% cu"
"3m at 2.65g/t au and 0.01% cu"
"2m at 3.18g/t & 0.47% cu"
"65m at 0.51g/t au and 0.17% cu"
"65m at 0.95g/t au gold & 0.10% cu copper."
"Rio has spent $5.1m to date and have committed a further $2.3m for CY 2019. Rio can earn 75% by spending up to $41m."
-pg11
https://antipamineral.com.au/wp-content/uploads/2019/09/2019-09-10.pdf
Comment:
I have to check later the depth drilled of this shallow deposit. It appears that the above was good enough for Rio to do a farm-in. So, it appears that the Paterson Province shallow deposits tend to be within this range of grades etc. Hence, why Mr Heddle said in the BRR interview today, 23.9.19 they will be checking for the higher grades within the results etc.
This post is to furnish c on t e x t of the grades from GGP*s Blackhills results of today, just as Antipa quotes the Havieron GGP results & Rio*s Winu in their presentation for Paterson Province results inc. Telfer.