Announcement Date: 2022-07-19
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Rex Minerals Ltd.
Project name: Hog Ranch
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 147.83m @ 0.62g/t Au from 0.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: RC drilling at Hog Ranch has been completed over a broad number of target locations at the Krista Project area. This include tests for down dip extensions of historical drilling data and previously untested structures and breccias that are interpreted to be higher grade feeders for the extensive shallow gold mineralisation. Drill hole HR22-018 was designed to confirm the broad gold mineralisation underneath the historical Krista Open Pit. The historical drilling is vertical and often ended in gold mineralisation. Hole HR22-018 confirmed further extensions at depth to the known gold mineralisation in addition to a deeper higher grade gold position. This position is interpreted to be related to a feeder structure. A total of seven drill holes for just over 1,600m have been completed at Krista. The drill holes were planned to achieve multiple objectives, including confirmation to the continuity of the gold mineralisation around the historical open pits and to test for potential extensions to the gold mineralisation. This includes possible higher grade feeder structures at depth.
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