Share
2,003 Posts.
lightbulb Created with Sketch. 443
clock Created with Sketch.
04/02/18
09:41
Share
Originally posted by gassed
↑
G'day neighbours.
From your last QR.
Based on Newcrest’s and NTL’s interpretive work, the area selected for the first drill hole has distinctive clay hydrothermal alteration patterns plus the mineral adularia, indicative of proximity to gold mineralisation in Waihi Gold District epithermal vein systems.
NTL has previously delineated a small resource at Rahu, however the main target for a highgrade extension of Talisman lies at depth.
Newcrest were supportive of NTL’s belief that geological evidence points towards to the area being the upper extent of what could be a significant epithermal gold deposit.
This is from LNY's Dec QR re a neighbouring property to yours.
✚ Drilling program commenced during the quarter on EP 54216 within Laneway’s NZ Gold Project testing one of several targets within the highly prospective mineralised corridor untested during the farmin period with Newcrest.
✚ Drilling was completed during early January to a final depth of 790.8m .
Several highly silicified zones were intercepted within the target zone and have now been logged, sampled and sent for analysis.
✚ Assay results expected in the next few weeks .
Might pay to keep an eye out for those results that "could" answer some very significant questions for both companies!!!! GLTA.
Expand
Thanks for the heads up.