| Announcement Date: | 2022-09-20 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Classic Minerals Ltd. |
| Project name: | Forrestania |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 10m at 16.19g/t Au from 37m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | WA-focused gold exploration and development company Classic Minerals Limited (ASX. CLZ) (“Classic”, or “the Company”) is pleased to announce that it has received further assay results from its extensive infill RC drilling program at its Kat Gap Gold Project in Western Australia. The Company has completed a further 11 holes for 680 metres at Kat Gap. Classic has drilled 35 holes for 2,125m at Kat Gap during July and August as part of a much larger 109- hole infill drilling campaign. This announcement covers the next 11 RC holes (FKGRC414–424) of the 109- hole program. Subsequent holes will be reported on in due course when assays become available. Infill RC holes FKGRC414–424 are located further south along strike from the first twenty-four holes (FKGRC390-413) reported on recently. These latest holes are situated around the bulk sample pit immediately north of the cross cutting Proterozoic dyke and form part of the much larger infill drilling pattern (See figure 1.0). The eleven holes completed are outside the red rectangle indicating the area of infill drilling in figure 1.0 and are shown as red dots. The holes have been drilled on a 10m x 5m grid spacings to hit further high-grade pinch and swell quartz veins beneath the bulk sample pit. The results have confirmed observations made while the bulk sample pit |
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