More Mt. Carlton results will be definetely welcome.... :)
Silver Hill The mineralisation appears to be in a flat lying stratabound unit, continuous and predictable in nature. It most often begins at a depth of about 30m below surface.
This new discovery indicates that substantial exploration potential exists in the general area around Silver Hill and the Herbert Ck East prospect (located 1km north). Less than 20% of the magnetic alteration target area has been drilled.
All holes were drilled with a Reverse Circulation percussion rig and sampled as 4 metre composites. All samples reporting over 0.2 g/t gold, 25 g/t silver or 0.2% copper have been re-assayed at 1 metre intervals using an ore grade method. Conquest’s exploration effort has been substantial with 8,958 metres of RC drilling completed in the last 8 months.
Conquest will continue this effort during the rest of the year and has budgeted $3million for a further 10,000m of drilling to fully explore the Silver Hill area. Two RC rigs and a diamond rig have been booked to complete this work.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held