Gold Mountain Ltd (ASX:GMN) Commencement of Maiden Diamond Drilling Programme at Mt Wipi
Commencement of Maiden Diamond Drilling Programme at Mt WipiSydney, July 14, 2021 AEST (ABN Newswire) - Gold Mountain Limited (
ASX:GMN) is pleased to announce that drilling will recommence at its Wabag project in July, with an initial four-hole programme planned for the highly prospective Mt Wipi tenement.
Highlights
- Mt Wipi (EL 2632)
o The Mt Wipi (EL 2632) tenement was granted on the 14th of August 2020 to Gold Mountain Limited
o Over the last 9 months, GMN has undertaken stream sediment sampling, rock chip sampling, soil sampling and trenching programs
Gold Mountain Ltd (ASX:GMN) Drill Targets Identified at Mt Wipi - ABN Newswire (@ABN_Newswire) abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.
Gold Mountain Ltd (ASX:GMN) Quarterly Activities Report
ASX:GMN) advises its activities during the January to March 2021 Quarter.
Wabag Project PNG
Assay results for MCD008, which was drilled to a depth of 684.30m into a large low-grade porphyry system were received in the March Quarter with a very wide intercept of 239m grading at 0.10% Cu and 88ppm Mo, with spot highs of 0.32% Cu, 3,000 ppm Mo and 1.68 g/t Au was recorded in the hole.
Anomalous molybdenum (Mo) values are present to the end of the hole with the last 94m (From 589m to 684m) of MCD008 grading 133ppm Mo.