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High Grade Gold Grab Samples at Gubong
High Grade Gold Grab Samples at Gubong.
About this update from Bluebird Mining Ventures Ltd.
[{"type":"text","content":"\n \nRNS Number : 2759B Bluebird Merchant Ventures Limited 09 January 2018 \n\n9 January 2018\n \nBluebird Merchant Ventures Ltd\n(the \"Company\" or \"Bluebird\")\nHigh Grade Gold Grab Samples at Gubong\nBluebird Merchant Ventures (EPIC: BMV), the Asian focused resource development group is pleased to announce the results of preliminary 'grab samples' from the Gubong gold mine.\nHighlights\n· Encouraging assay results indicating that a significant amount of gold remains unmined at Gubong\n· 10 of 15 samples returned gold grades of over 1 g/t with 3 returning grades of 10 g/t and over \n· 12 of the 15 samples returned silver grades of 10 g/t and over\n· The grades indicate ore body structure \nThe samples were taken after engineers gained entry into the old workings at Adit 4 and from spillage in Decline Shaft Number 2. All the samples were taken from fines or broken ore lying on the ground. The results, as tabulated below, represent the fact that the old workings have significant amounts of gold which were left in the form of broken ore that was never taken to the process plant.\nOf upmost significance are the spillage samples taken in the shaft (KRA200011 - KRA200015). They imply that the ballast under the tracks of each level used to transport ore for several years is likely to carry gold - yet another source of early cheap production. The Gubong mine could potentially have 30 to 40 kilometres of railed tunnels that was used to transport gold.\nThe Gubong mine is an orogenic deposit. Orogenic ore bodies typically have a depth of 2 kilometres. The Gubong mine currently has a depth of 500 metres. Historical drill results that were previously announced on 3 October 2017 indicate that the structure continues below the 500 metre level so the mine has significant upside potential.\n\n\n\n\nSample Number\n\n\nLocation\n\n\nDate\n\n\nSample Type\n\n\nGold (g/t)\n\n\nSilver (g/t)\n\n\n\n\nKRA200006\n\n\nAdit 4\n\n\n18-10-2017\n\n\nGRAB\n\n\n1.00\n\n\n17.00\n\n\n\n\nKRA200007\n\n\nAdit 4\n\n\n18-10-2017\n\n\nGRAB\n\n\n21.00\n\n\n17.00\n\n\n\n\nKRA200008\n\n\nAdit 4\n\n\n18-10-2017\n\n\nGRAB\n\n\n7.00\n\n\n10.00\n\n\n\n\nKRA200009\n\n\nAdit 4\n\n\n18-10-2017\n\n\nGRAB\n\n\n7.00\n\n\n10.00\n\n\n\n\nKRA200010\n\n\nA...