Newcrest Mining Limited - Exploration Update
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Newcrest Mining Limited - Quarterly Exploration Report for the Three Months Ended 30 June 2021
Highlights
At Red Chris, drilling continues to expand the higher grade mineralisation intersected at East Ridge, with the new discovery adjacent to the East Zone returning the highest grade intercept to date (at East Ridge), supporting the potential for resource growth:
RC700 returned 366m @ 1.1g/t Au & 0.93% Cu from 738m, incl. 146m @ 2.1g/t Au & 1.6% Cu from 780m. This hole is the highest grade intercept to date (at East Ridge) and located 100m above RC688 (previously reported).
East Ridge is located outside of Newcrest s Red Chris initial Mineral Resource estimate. Mineralisation remains open in all directions and drilling to define the extent is ongoing.