HIGHLIGHTS
Area D
- Drilling intersected exceptionally thick, shallow, high-grade oxidised mineralisation across a 200m wide zone in five adjacent holes:
- 48m at 6.70 g/t gold from 24m, including
-10m at 25.14 g/t gold from 62m
- 55m at 4.27 g/t gold from 16m
- 38m at 4.63 g/t gold from 8m, including
- 18m at 7.04 g/t gold from 28m, including
- 4m at 18.30 g/t gold from 30m
- 36m at 2.93 g/t gold from 6m, including
- 10m at 6.13 g/t gold from 16m
- 34m at 1.91 g/t gold from 16m - Mineralisation remains open to the southwest, northeast and to the northwest
Western Splay Target
- Drilling confirms and extends strike extent of mineralised structures intersected in previous drilling, including:
- 2m at 19.80g/t gold from 4m
- 6m at 1.79 g/t gold from 28m
- 3m at 1.09 g/t gold from 91m
- 10m at 1.10 g/t from 111m - The large main structure at Western Splay and multiple other sub-parallel anomalies remain untested
"Results like this are exceptional and rare. Whilst it is still at an early stage, the consistency, high-grade and thickness from near surface is remarkable. Further, we have achieved significant success at the Western Splay target where mineralisation along strike to a structure that is parallel to the Western Splay has been confirmed. With pending results from 8 holes at Area A, a strong cash balance and the recent appointment of
Please refer to the original ASX announcement, dated 28 July 2020 for further information: https://www.chesserresources.com.au/investor-dashboard/asx-announcements/
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SOURCE
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