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New High Grade Gold Intersected at Mt Jewell Project
Exploration Update | Drilling Report
01-06-2010
More RC drilling results from Mt Jewell
and
AMEC Presentation
Preliminary results from 7 drill holes completed at the Mt Jewell Gold Project near Kalgoorlie have been received. New drill intersections included:
LDRC067: 20m at 4.08g/t Au from 32m including 8m at 8.75g/t LDRC079: 28m at 1.87g/t Au from 104m including 8m at 4.85g/t
RESULTS FROM RC DRILLING AT MT JEWELL PROJECT
Pioneer Resources (ASX: PIO) is pleased to report that results from a small program of drilling at its Mt Jewell Project have been received and have returned more very significant assay results.
The preliminary results listed above and in more detail in Table 1, are from holes drilled at the Hughes Prospect and include the first intercept of shallow, high grade supergene gold from this prospect. Holes also successfully tested for down dip continuity and strike extensions.
The drill program comprised 7 RC drill holes for an advance of 862m. 5 of the 7 drill holes intersected gold mineralisation grading above 1.0g/t Au.
Pioneer Managing Director David Crook said the Company was very pleased with the results as they indicate the presence of high grade, shallow mineralisation for the first time at the Hughes Prospect.
Similar high grade shallow mineralisation has previously been reported at the nearby Tregurtha Prospect.
RAB DRILLING RESULTS CONFIRM THE PROSPECTIVE GOLDEN CITIES NORTH TREND
New High Grade Gold Intersected at Mt Jewell Project
Exploration Update | Drilling Report
01-06-2010
More RC drilling results from Mt Jewell
and
AMEC Presentation
Preliminary results from 7 drill holes completed at the Mt Jewell Gold Project near Kalgoorlie have been received. New drill intersections included:
LDRC067: 20m at 4.08g/t Au from 32m including 8m at 8.75g/t LDRC079: 28m at 1.87g/t Au from 104m including 8m at 4.85g/t
RESULTS FROM RC DRILLING AT MT JEWELL PROJECT
Pioneer Resources (ASX: PIO) is pleased to report that results from a small program of drilling at its Mt Jewell Project have been received and have returned more very significant assay results.
The preliminary results listed above and in more detail in Table 1, are from holes drilled at the Hughes Prospect and include the first intercept of shallow, high grade supergene gold from this prospect. Holes also successfully tested for down dip continuity and strike extensions.
The drill program comprised 7 RC drill holes for an advance of 862m. 5 of the 7 drill holes intersected gold mineralisation grading above 1.0g/t Au.
Pioneer Managing Director David Crook said the Company was very pleased with the results as they indicate the presence of high grade, shallow mineralisation for the first time at the Hughes Prospect.
Similar high grade shallow mineralisation has previously been reported at the nearby Tregurtha Prospect.
RAB DRILLING RESULTS CONFIRM THE PROSPECTIVE GOLDEN CITIES NORTH TREND
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