Announcement Date: 2022-11-15
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Mandrake Resources Ltd.
Project name: Berinka Pine Creek
Location: Australia
Commodities: Gold,Copper
Highlight: Drilling results incl. 6m at 2.3g/t Au, 0.34% Cu from 5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Mandrake Resources Limited (ASX: MAN) (Mandrake or the Company) has now received final results from reverse circulation (RC) and diamond drilling at the 100%-owned Berinka Pine Creek Gold-Copper Project in the Northern Territory. Mandrake drilled a total of 11 holes for 1,131m which comprised 1,047m of RC drilling plus an 84m diamond tail of NQ2 core at FBRD014 (Figure 1). RC sampling primarily comprised 4m composites, the results of which were released 19 October 2022. Results have now been received for diamond core (FBRD014) and individual metre samples over mineralised intervals identified by the 4m composites results. Gold-Copper Results FBRC013 was drilled at Terry’s Gap to test along strike from mineralisation intersected during the 2020 RC drilling campaign. Strong oxide gold-copper mineralisation associated with weathered quartz veining and silica alteration was intersected near the top of the hole from 4m, returning 6m @ 2.3 g/t Au and 0.34% Cu which included 3m @ 3.8 g/t Au and 0.35% Cu from 7m.
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