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Classic Minerals Ltd (ASX:CLZ) Half Yearly Report and Accounts
Forrestania Gold Project and Kat Gap Gold Project
Half Yearly Report and AccountsPerth, Mar 2, 2021 AEST (ABN Newswire) - During the half year ended 31 December 2020, below are the activities conducted by Classic Minerals Ltd (
ASX:CLZ). The main thrust of exploration has been at Kat Gap with minimal work at the Tangerine Trees and Van Uden West gold projects within the Forrestania gold project. The Company completed a record breaking 128 RC holes for 10,565m across its tenement holding.
Classic continued its work at the 100% owned Kat Gap tenements about 70 km to the South East of the Lady Ada and Lady Magdalene gold resources. Drilling was mainly focused on infill work to 10m x 10m and 20m x 10m grid spacing in readiness for final open pit optimisation and financial analysis. Results for a portion of the infill program have been received however the majority remain pending. Drilling was also undertaken to
(MENAFN - ABN Newswire) WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) is pleased to announce that it has received all the outstanding assays results from its August - September and November - December RC drilling programs at its Forrestania Gold Project (FGP) in Western Australia have now been received. The Company completed a total of 99 holes for 8,704 metres at Kat Gap.
Drilling results from Kat Gap continued to deliver significant zones of high-grade gold mineralisation from infill and deeper drilling programs. The results in this announcement are concentrated 100-300m north of the cross-cutting Proterozoic dyke. The infill RC drilling was conducted on a 10m x 10m and 20m x 10m pattern. The down plunge deeper RC program was focussed on an area just north of the dyke.
WA-focused gold exploration and development company Classic Minerals Limited (ASX:CLZ) is pleased to announce that it has received all the outstanding assays results from its August - September and November - December RC drilling programs at its Forrestania Gold Project.