The Assay
Bringing you mining investment news, insights and videos
Monday, January 25, 2021
  • Home
  • News
  • Insights
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Critical Metals
    • Rare Earth Metals
    • Q&A’s
    • Other
    • Research Reports
    • All Insights
  • Mining Company Directory
  • Videos
  • Newsletter
  • Magazine
    • Read The Digital Magazine
  • About
  • Events
No Result
View All Result
The Assay
  • Home
  • News
  • Insights
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Critical Metals
    • Rare Earth Metals
    • Q&A’s
    • Other
    • Research Reports
    • All Insights
  • Mining Company Directory
  • Videos
  • Newsletter
  • Magazine
    • Read The Digital Magazine
  • About
  • Events
No Result
View All Result
The Assay
No Result
View All Result

REZ Confirms Large Mineralised Gold System At Gigante Grande

January 14, 2021
in Mining News
Reading Time: 2min read
A A
REZ Confirms Large Mineralised Gold System At Gigante Grande

New Programme To Expand WA Prospect

Resources & Energy Group Limited (ASX: REZ) has confirmed the Gigante Grande prospect in Western Australia as a significant and large gold mineralised system.

The company has now received all drill results from the successful drill programme undertaken in November last year on the eastern side of the East Menzies Gold field project.

Executive Director, Richard Poole, said REZ will continue exploration with a view to expand the prospect and advance towards resource generation.

Following receipt of the remaining results, the November programme has delivered significant down-hole gold mineralisation including:

  • 2m@ 2.06g/t Au from 129m
  • 1m@ 1.83g/t Au from 164m
  • 8m@ 2.14g/t Au from 186m (incl 3m@ 3.62g/t Au from 186m)
  • 4m@ 0.93g/t Au from 20m
  • 3m@ 1.01g/t Au from 46m
  • 2m@ 2.73g/t Au from 90m
  • 2m@ 1.98g/t Au from 147m
  • 2m@ 0.96g/t Au from 24m
  • 2m@ 3.49g/t Au from 39m
  • 4m@ 4.92g/t Au from 96m (incl 1m@16g/t Au from 97m)
  • 2m@ 1.22g/t Au from 45m
  • 1m@ 4.78g/t Au from 61m
  • 5m@ 3.59g/t Au from 199m (incl 2m@7.55gt/Au from 199m)

Mr Poole said REZ is continuing exploration of Gigante Grande in pursuit of its aim of finding a tier one asset within the East Menzies Goldfield.

A total of 14 holes are planned for the January 2021 programme to infill and further drill test gold mineralisation within the prospect.

The drilling programme will focus on a combination of shallow and deeper holes which have been planned to test the orientation of mineralised structures within the contact between the Moriarty Shear Zone and the Gigante Granodiorite.

TweetShareSend
Previous Post

DeGrey Continues To Expand Hemi Gold Discovery

Next Post

Excellon Delivers Strong Q4 2020 Silver Production

Related Posts

Lake Receives Global Institutional Backing For Oversubscribed A$20M Placement

Lake Receives Global Institutional Backing For Oversubscribed A$20M Placement

January 25, 2021

Lake’s Kachi Lithium Brine Project Now Fully Funded Lake Resources NL (ASX:LKE) has received commitments for A$20.6 million from institutional investors in a capital raising to support its Kachi Lithium Brine development in Argentina and lithium chloride extraction in the...

Rox Ready To Roll At Younami

Rox Ready To Roll At Younami

January 25, 2021

Preparing To Follow-Up Near Mine Targets Australian gold and nickel company, Rox Resources Limited (ASX: RXL) is preparing for a major exploration programme at Youanmi in the OYG JV area in Western Australia. “We are pleased to report strong results...

CSBW Intersects Additional High-Grade Silver At Robinson Zone

CSBW Intersects Additional High-Grade Silver At Robinson Zone

January 24, 2021

Eyeing Off EV Market Opportunity Canada Silver Cobalt Works Inc. (TSXV: CCW) has intersected visually high-grade silver in a wedge hole at the Castle Property in Northern Ontario. President, Matt Halliday, said the new wedge hole has confired the extension...

Nuinsco Shining Light On Sunbeam Gold Property

Nuinsco Shining Light On Sunbeam Gold Property

January 24, 2021

Expands Geophysical Coverage In Ontario Nuinsco Resources Limited (CSE:NWI) has identified a number of follow up targets through a recently completed geophysical survey comprising induced polarization and magnetic methods, conducted on its Sunbeam Gold property near Atikokan in north-western Ontario....

Next Post
Excellon Delivers Strong Q4 2020 Silver Production

Excellon Delivers Strong Q4 2020 Silver Production

ADVERTISEMENT

Follow The Assay

Subscribe to browser notifications for new posts

Latest Mining Company Profiles

Search
Generic filters

View full company directory

Popular Articles

  • The Importance of Class One Nickel for the EV Markets

    The Importance of Class One Nickel for the EV Markets

    17 shares
    Share 6 Tweet 4
  • Rare Earths – Sound and Fury

    11 shares
    Share 4 Tweet 3
  • How Palladium and Platinum’s Success is Linked to Electric Vehicles

    26 shares
    Share 12 Tweet 6
  • How the Battery Market has Reshaped Raw Material Demand

    8 shares
    Share 3 Tweet 2
  • Lion Sharpens It’s Claws At Tuvata

    6 shares
    Share 2 Tweet 2
  • Risk Capital Scarcity in Mining: Sowing the Seeds for the Next Super Cycle

    5 shares
    Share 2 Tweet 1
  • A Geologist’s Perspective on Investing in Tech Metals

    6 shares
    Share 2 Tweet 1
  • Home
  • News
  • Insights
  • Mining Company Directory
  • Videos
  • Newsletter
  • Magazine
  • About
  • Events
E: theassay@weare121.com
Privacy Policy

© 2021 The Assay

No Result
View All Result
  • Home
  • News
  • Insights
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Critical Metals
    • Rare Earth Metals
    • Q&A’s
    • Other
    • Research Reports
    • All Insights
  • Mining Company Directory
  • Videos
  • Newsletter
  • Magazine
    • Read The Digital Magazine
  • About
  • Events

© 2021 The Assay