1,580 metres of RC drilling has commenced on the following targets on our 100% owned
- Seuss Fault
700m planned, following up on 5m @ 60.9g/t, 13m @ 5.6g/t and 7m @ 4.7g/t gold
DD and RC holes
- Hyperion South / Seuss Intersection
660 metres planned, following up on 1m @ 1.8g/t gold aircore hole
- Hyperion West
220 metres planned, following up 29m @ 0.2g/t and 12m @0.3g/t gold (historical
ABM Resources (”ABM” or “Company”) is pleased to advise that reverse circulation (RC) drilling has commenced on its 100% owned Suplejack Project in the Tanami Region of the Northern Territory. The Suplejack Project contains a number of mineralised structures being systematically explored.
Drilling identified the Seuss Fault in December 2016 with the first diamond result of 13m @ 5.6g/t gold (ASX announcement 7 December 2016). Subsequent RC drilling confirmed continuity of the structure with key intersections that include 5m @ 60.9g/t, 6m @ 19.4g/t, 3m @19.9g/t and 7m @ 4.7g/t gold (ASX announcement 23 June 2017).
Aircore drilling in July 2017 identified potential extensions to the Seuss mineralisation with best result of 1m @ 1.8g/t gold intersected in aircore to the south to the Seuss RC program (ASX announcement 13 September 2017).
The compilation of historic data at Hyperion West has identified two significant historic RAB holes that have not been effectively followed up. These are intersections are 29m @ 0.2g/t and 12m @0.3g/t gold.
ABM’s Managing Director, Matt Briggs, said:
“Our understanding of the Suplejack Project continues to improve. This project alone has multiple targets that have a high potential to deliver. The previous RC results exceeded our expectations with multiple significant intersections. I look forward to the results from this upcoming drilling as we continue to grow the area”.