Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  News  >  Business Leaders  >  All news

Business Leaders

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 
HomeAll newsMost read newsBusiness Leaders Biography 
The feature you requested does not exist. However, we suggest the following feature:

Catalyst Metals : High grade gold intersections at Four Eagles project (3.51 Mb)

share with twitter share with LinkedIn share with facebook
share via e-mail
07/28/2016 | 03:01am CEST

The longitudinal projection in Figure 4 suggests that the gold mineralisation has a generally flat or gentle plunge, possibly to the south but this cannot be confirmed without diamond drilling. These flat or gentle plunges are a characteristic of the total Bendigo-Fosterville district because the mineralisation is generally related to the intersection of steep fault structures with gently plunging anticlines. It is informative to look at this early stage information at Hayanmi in comparison to known gold mineralisation structures at Bendigo and Fosterville. On Figures 5 and 6, the current longitudinal projection at Hayanmi is shown at the same scale as the Bendigo New Chum lode and Fosterville respectively. Each of these known ore deposits contained gently plunging shoots that contained greater than one million ounces of gold over similar strike lengths to that observed at Hayanmi. It is hoped that further drilling at Hayanmi will better define the ore shoots within this 2.9 kilometre long structure.

It is also likely that the Boyd's Dam and Discovery gold zones at the Four Eagles Gold Project will have similar plunging morphology but additional future drilling will be required to establish this.

All of the assays quoted above have been obtained using a 25 gram sub-sample and an Aqua Regia digest followed by ICP-MS analysis but anomalous assays are being re-assayed by bulk leaching the total

± 2 kilogram sample. This provides an excellent check of the variability of gold at the Four Eagles Gold Project which tends to be fine grained and shows a low "nugget effect" compared to the Bendigo Goldfield.

Mr Bruce Kay, Catalyst's Technical Director, stated, "It is disappointing that more drilling could not be completed before the start of the wet season but the Four Eagles Joint Venture will be well placed to resume drilling on this prospective trend after the crops have been harvested in December 2016".

Full location data on the 17 RC Blade/hammer holes is shown on Table 1 and a Summary of Sampling Techniques and Reporting of Exploration Results according to the JORC Code 2012 Edition are tabulated in Appendix 1. Previous intersections shown on Figures 2a, 2b and 3 have been reported under the 2004 JORC Code. Maximum gold values in each hole are tabulated in Appendix 1.

For further information contact:

Steve Boston Bruce Kay

Chairman Technical Director

Telephone: +61 409 574 515 +61 400 613 180

Competent person's statement

The information in this report that relates to exploration results is based on information compiled by Mr Bruce Kay, a Competent Person, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Kay is a non-executive director of the Company and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mr Kay consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Much of the historical information relating to the Four Eagles project was prepared and first disclosed under the JORC Code 2004. This information has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was reported.

Figure 1: Four Eagles Gold Project Location Map id="public_disclaimer" style="margin: 32px 0px 64px 0px; padding: 0px;"> id="public_disclaimer_inner" style="margin: 0px; padding: 8px 0px 0px 0px; max-width:600px; background-color:#FFFFFF; border-top-style:solid; border-top-color: #D7D7D7; border-top-width: 1px"> id="public_disclaimer_desc" style="margin: 0px; padding: 0px 0px 0px 48px; background-image: url(http://docs.publicnow.com/logo.asp?PublicItemID=30064253&PublicSourceID=7849); background-position: center left; background-repeat:no-repeat; background-color:#D7D7D7"> style="margin: 0px 0px 1px 0px; padding: 0px 0px 0px 8px; color: rgb(147, 147, 147); font-family: Helvetica; line-height: 16px;font-size: 13px; background-color:#FFFFFF;">Catalyst Metals Limited published this content on 28 July 2016 and is solely responsible for the information contained herein. /> Distributed by Public, unedited and unaltered, on 28 July 2016 01:01:02 UTC.

id="public_disclaimer_att" style="margin: 0px 0px 0px 0px; padding: 0px 0px 0px 0px;"> style="margin: 0px; padding: 4px 0px 0px 0px; color: rgb(147, 147, 147); line-height: 18px; font-family: Helvetica"> style="border:solid; border-color:#939393; border-width:1px; padding:1px 3px 0px 3px; font-size: 10px; text-transform:uppercase; font-weight: bold;">Original document
target="_blank" style="color: rgb(147, 147, 147); font-size: 12px; margin-left: 1px;" href="http://www.catalystmetals.com.au/images/catalyst---nireishool.pdf">http://www.catalystmetals.com.au/images/catalyst---nireishool.pdf

style="margin: 0px; padding: 4px 0px 0px 0px; color: rgb(147, 147, 147); line-height: 18px; font-family: Helvetica"> style="border:solid; border-color:#939393; border-width:1px; padding: 1px 3px 0px 3px; font-size: 10px; text-transform:uppercase; font-weight: bold;">Public permalink target="_blank" style="color: rgb(147, 147, 147); font-size: 12px; margin-left: 1px;" href="http://www.publicnow.com/view/1CBFED31DDD6197507C26282C67C9F9F36283366">http://www.publicnow.com/view/1CBFED31DDD6197507C26282C67C9F9F36283366

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news about  
1  2  3  4  5  6  7  8  9  10Next

Most Read News 
07/24DJMICHAEL DELL : Dell, HP Take Opposite Tacks Amid Roiling Tech Market
07/27DJMARISSA MAYER : After Yahoo, Marissa Mayer May Have to Wait for Another CEO Chance
07/21DJELON MUSK : Elon Musk Unveils Plans for New Tesla Vehicle Models
07/27 ELON MUSK : Tesla's Musk sees 'modest' capital raise for next strategic turn
07/22 BERNARD TAPIE : IMF's Lagarde to stand trial in Tapie case
07/25 PHILIP GREEN : UK lawmakers
07/22 RUPERT MURDOCH : Fox News chief Ailes resigns after sexual harassment claims
More news
Popular Business Leaders 
William Ackman Aldemir Bendine Martin Blessing Vincent Bolloré Richard Branson Warren Buffett Paul Bulcke Tim Cook Philippe Dauman Michael Dell Patrick Drahi Klaus Engel Joachim Faber Federico Ghizzoni Carlos Ghosn Mario Greco Philip Green Herbert Hainer Guy Hands David Henry Carl Icahn R. Johnson Jérôme Kerviel Isabelle Kocher Jack Ma Marissa Mayer Lakshmi Mittal Rupert Murdoch Elon Musk Xavier Niel Michael O'leary Joseph Papa Wolfgang Porsche Sumner Redstone Ulf Mark Schneider Charles Schwab Masayoshi Son George Soros Martin Sorrell Osamu Suzuki Tidjane Thiam Peter Thiel François Villeroy De Galhau Alain Weill Martin Winterkorn Dieter Zetsche Cyril Zimmermann Mark Zuckerberg Henri De Castries Isabel Dos Santos
A-Z Business Leaders