Sign up Australia
Proactive Investors - Run By Investors For Investors

Montezuma Mining Company updates on Yamarna Gold Project

Yamarna is located 20 kilometres along strike from the multi-million ounce ore body at Gruyere.
Montezuma Mining Company updates on Yamarna Gold Project
Montezuma recently completed a 20 hole reverse circulation drilling program

Montezuma Mining Company (ASX:MZM) recently completed a 20 hole reverse circulation drilling program which covered 2750 metres at the wholly-owned Yamarna Gold Project in Western Australia.

Yamarna is located just 20 kilometres along strike from Gold Road Resources (ASX:GOR) multi-million ounce ore body at Gruyere.


Drilling at Yamarna

Montezuma's drilling program intersected broad zones of alteration including silica, biotite and sericite overprinting, associated with quartz veining +/- sulphides in several holes.

The company said the alteration occurs over zones of up to 40 metres downhole and is interpreted to have resulted from a significant hydrothermal event.

The drilling was completed at the Jatz, Le Snak and Salada prospects following a regional integrated structural review using the available aeromagnetic, gravity and drilling datasets.

The favourable geology was associated with significant gold anomalism in places and further confirmed the kilometre scale Jatz trend.



Register here to be notified of future MZM Company articles
View full MZM profile

Montezuma Mining Company Timeline

Related Articles

picture of someone mining
November 01 2016
Full leaching capacity was realised within the first three weeks of operation, with metal recovery in line with forecasts
Otis Gold: For valuation anomaly read opportunity
October 28 2016
You suspect if Kilgore Gold Mine Project was located over the south-western border in Nevada, where there’s seemingly a gold mine on every corner, Otis’ value might be higher.
shutterstock_249210421-(1).jpg
August 09 2016
Shares in Galantas are up over 63% since the beginning of January

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.