BCN 4.35% 2.2¢ beacon minerals limited

NOVEMBER DRILLING PROGRAM AT BARLEEThe company is pleased to...

  1. 153 Posts.
    NOVEMBER DRILLING PROGRAM AT BARLEE
    The company is pleased to announce that it is accelerating the exploration of the mineralised province at its Barlee Gold Project, north of Southern Cross. Site facilities have been established and geochemical sampling has commenced.
    The company has submitted application for drilling approval with the Department of Mines and Petroleum and has finalised agreements with drilling contractors to commence on site 20 November 2009. The planned drilling program will include approximately 10,000 metres of RC and RAB drilling and it’s objectives include:
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    To test the previously undrilled western extension of Halleys East identified in the last program where a new mineralised intercept provided a result of 12m @ 11.23 g/t Au.
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    To test the down plunge extent of Phil South which remains open and where RC drilling intersected 14m @ 3.03g/t Au.
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    Further drilling of the newly identified mineralised zones at Crabman South and Phil North.
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    To drill further priority regional targets where soil geochemistry and interpretation of aeromagnetic data has identified potential mineralised shear zones.
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    To obtain further geochemical samples on outlying regional targets identified from interpreted aeromagnetic data and the revised geological model.
    The maiden JORC compliant resource estimate for the Barlee Gold Project has been commissioned and finalisation of the calculations and the subsequent reporting to the ASX are expected at the end of November.
    For and on behalf of
    BEACON MINERALS LIMITED
 
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