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RNC Minerals Update on Higginsville Operations-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
3/3/2020 紧固件展-紧固件采购会-国际紧固件展-fastener expo |
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RNC Minerals announced initial results from the 2020 exploration program at its Higginsville operations. Recent drilling at Hidden Secret and Mousehollow has returned strong results, driving the expansion of proposed open pit dimensions at both projects. As part of an ongoing review of the historic drilling database at Higginsville, high grade drill intersections have been revealed at the Corona prospect which is located 2.5km from the Higginsville mill. Additionally, RNC is also pleased to announce the discovery of visible gold in a surface sample taken at the Hidden Secret project. Chairman & CEO Paul Andre Huet said "The early results of our recent drilling and historical data review at Hidden Secret, Mousehollow and Corona are very positive for the growing project pipeline at HGO.
RNC''s ongoing review of Higginsville Gold Operations historical mineral resources and drill results has confirmed the potential of the Corona deposit as a future high-grade open pit and/or underground operation.
Highlights of historical drill results include1.2:
VIND047: 657.9 g/t over 2.3m from 181.1 m
VIND049: 225.2 g/t over 1.9m from 201.5 m
VIND076: 60.9 g/t over 2.3m from 197.2 m
VIND092: 30.6 g/t over 2.05m from 165.3 m, including,147.0 g/t over 0.6 m
Recent RNC drilling has extended mineralization at the Hidden Secret (HDS) and Mousehollow (MOH) projects, which now form part of RNC''s near-term mine plan.
Intersection highlights from RNC''s drill program include1:
HDSR0136: 15.1 g/t over 4 m from 24 m, including 47.8 g/t over 1 m
HDSR085: 24.8 g/t over 4 m from 17 m, including 92.6 g/t over 1 m
MOHR0055: 26.1 g/t over 3 m from 22 m
MOHR0075: 3.3 g/t over 19 m from 0 m
As part of RNC''s due diligence process during the acquisition of HGO last year, it became apparent that little exploration had been carried out across the property for many years, largely due to the onerous royalty covering a large portion of the tenements. The willingness of Morgan Stanley to work with us to reduce the royalty burden has opened up HGO for a renewed exploration program providing us economic incentive to explore and develop these areas to benefit all our stakeholders. While these early results are encouraging, work has only just begun and we are looking forward to the results of our renewed exploration focus on the recently unlocked 1,800km2 Higginsville land package."
紧固件展-2020第二十一届广州国际紧固件及设备展览会-巨浪展览
-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition
- Fastener exhibition,2020 Fastener exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2020 Fastener expo, China Fastener expo, Guangzhou Fastener expo
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