| Announcement Date: | 2022-02-21 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Lode Resources Ltd. |
| Project name: | Uralla |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 15m @ 2.09g/t Au from 12m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Lode Resources Ltd (ASX:LDR or ‘Lode’ or ‘the Company’) is pleased to announce the completion of 12 RC holes for a total of 915m at the Uralla Gold Project (EL8980) located in the New England Fold Belt of NSW. Phase I drilling is ongoing. Assay have been received for 11 holes of the 12 RC holes testing 3 targets at the Hudson’s Prospect, one of several prospects at Lode’s Uralla Gold Project. Each hole intersected gold mineralisation at shallow depth. Several holes have intersected strong gold mineralisation over substantial widths. See Table 1. Through methodical field work Lode Resources has discovered a new style of gold mineralisation at the Hudson’s Prospect. During 2021 mapping and sampling revealed disseminated gold mineralisation hosted by a sedimentary rock unit called the Sandon Beds1,2 . Visual observations and a petrological study of thin sections by an industry recognised petrologist has confirmed that the mineralisation can be classified as disseminated as it is hosted within a predominantly siltstone sedimentary rock (Sandon Beds) with a moderate amount of fine quartz stockwork veining and disseminated sulphides together with overprinting effects of hydrothermal alteration. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data