Hackwell Project, gold drilling 2017, page-8

First 8 Last

Share
Profile

Follow
FiendishRedbeard

7,936 Posts.

232

09/12/16

02:17

Post #: 21215480
Share

Originally posted by Bennybop ↑

Just from APC's new website, I hadn't heard much about the hackwell project, but knew they had gold tenements looks like drilling is to start next year, hopefully the costs are not to much till the lake well potash project is producing don't want to many more CR's but with multiple projects long term future looks bright for APC!
Hack Well Project

(100% Australian Potash Limited)
The Hack Well Project consists of a large exploration licence (E 38/2945) located 40 km south of Laverton. The project is located in the central part of the highly prospective Laverton Tectonic Zone (‘LTZ’) and in proximity to world class, multimillion ounce gold mines including Sunrise Dam and Granny Smith.
Australian Potash’s Hack Well project was formerly part of the Barnicoat project (held by Barrick PD Australia Limited) which included the Kerringal and Jubilee gold mines (Hack Well tenure envelops the Jubilee gold mining lease). The Keringal and Jubilee mines have previously produced over 0.5 Moz of gold.
The project captures favourable rocktypes (mafic-ultramafic types) and north and north north east trending structures which are interpreted to be closely associated to mineralisation at Keringal and Jubilee.
A review of historic drilling has revealed a number of significant gold intercepts including:
JBR427 – 4m @ 4.60 g/t Au from 36m
WDR041 -3m @ 1.15 g/t Au from 34m
JBR415 -4m @ 1.60 g/t Au from 48m
JBR230 -12m @ 0.50 g/t Au from 20m
The majority of the significant gold intercepts appear to remain open along trend and at depth.
Gold drill targeting is currently being finalised and a drill campaign is planned for the 2017 field season.

Expand

Keen to see more news and real work being done on the gold leases next year however i have this irking concern that management will sell these leases for a nominal fee.

APC Price at posting: 7.7¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

OJC

Ricciardo speeds to 83% antimony recovery for Warriedar

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 2 more messages in this thread...

First 8 Last

Add APC (ASX) to my watchlist

(20min delay)
Last 0.1¢		Change 0.000(0.00%)		Mkt cap ! $4.070M

Open	High	Low	Value	Volume
0.1¢	0.1¢	0.1¢	$1.12K	1.12M

APC (ASX) Chart

Day chart unavailable

Hackwell Project, gold drilling 2017, page-8

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Ricciardo speeds to 83% antimony recovery for Warriedar

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025