Ann: Gold drilling at Challenger Deeps continues at depth, page-5

  1. 4,802 Posts.
    lightbulb Created with Sketch. 303
    WPG Resources Ltd (ASX:WPG) has received further exciting gold assays from the
    next four holes in its Challenger Deeps drilling program announced on 3 April 2017.
    Results for the four holes drilled to test structures on the 115m RL level were
    announced on 11 April and 17 May 2017.
    Highlights for the latest four holes drilled are summarised below. These holes were
    designed to test the M1, M2, Aminus and Challenger West lodes on the 95m RL,
    which is 40 metres or two levels below the deepest mine workings.
    The assay results received for these holes (17CUD2075 to 17CUD2078) range from
    <0.01 to 689.76 g/t gold. Intercepts on the target structures include:
    ™ M1: 7.62m (true width) @ 42.89 g/t Au from 45.36m including 1.29m @
    240.33 g/t Au from 45.36m in drill hole 17CUD2077;
    ™ M1: 0.98m (true width) @ 22.66 g/t Au from 48.00m and 0.66m (true width)
    @ 23.38 g/t Au from 65.33m in drill hole 17CUD2078;
    ™ Aminus: 0.80m (true width) @ 6.65 g/t Au from 132.87m in drill hole
    17CUD2075; and
    ™ Challenger West: 1.99m (true width) @ 27.22 g/t Au from 125.00m in hole
    17CUD2076.
    The drilling results are summarised in more detail in Appendix 1.
    WPG’s Executive Chairman Bob Duffin said “The results announced on 11 April and
    17 May and again today clearly show the main Challenger lodes extend at depth
    well below the limit of current mine development, and that the structures are heavily
    mineralised. We will continue this drilling program with the objective of testing the
    lodes to even deeper levels. The results to date are highly encouraging and we
    have decided to extend the drilling program in an aggressive way to test those
    same structures along strike to the north east and south west. The drilling gives us
    further encouragement that the M1, M2, Aminus and Challenger West structures
    below the 215 shear will form part of our future mining activities at Challenger”.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.