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Alloy Resources identifies gold mineralised system in Western Australia project

Alloy Resources identifies gold mineralised system in Western Australia project

Alloy Resources’ (ASX: AYR) ongoing independent mineralogical studies have confirmed a large gold mineralised system at the Dusk til Dawn prospect in its Horse Well Gold Project in Western Australia.

Follow up deep reverse circulation had intersected a thick mineralised zone 80 metres south of initial discovery hole.

This returned an assay of 32 metres at 1.94 grams per tonne gold from 144 metres including 12 metres at 3.56g/t gold.

Infill drilling at the Warmblood prospect has defined a 300 metre mineralised zone with ore shoot geometry indicating the zone is open to the south and at depth.

Notably, Warmblood has now being drilled to a level that allows the company to estimate a Resource.

 

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Alloy Resources Ltd Timeline

Newswire
November 04 2016
Newswire
October 26 2015

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