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Macarthur Minerals Encouraged by Pilbara Results
Macarthur Minerals Encouraged by Pilbara Results.
About this update from Cadence Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 6272C Cadence Minerals PLC 11 February 2020 \n\nCadence Minerals Plc\n(\"Cadence Minerals\", \"Cadence\" or \"the Company\")\n \nMacarthur Minerals (TSX-V: MMS) announces encouraging initial drill results at the Pilbara Hillside Project.\n \nCadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note today's update from Macarthur Minerals (TSX-V: MMS) (\"Macarthur\"), that it's Joint Venture Partner, Fe Limited (\"FEL\") has received encouraging results from its first phase preliminary drilling at the Hillside Project in Western Australia targeting underground extensions to the periodically outcropping mineralised gossan identified during previous reconnaissance. A total strike length of 14km was mapped and sampled at outcrop resulting in high grade rock chip results as reported in ASX announcement October 9, 2019.\n \nHighlights:\n \n· Encouraging results received from recent Hillside drilling.\n· Results demonstrate support for mineralised gossan model.\n· Down dip extension of mineralised gossan intercepted in two holes.\n· Anomalous results received include:\n· HRC 001: 1m @ 0.19% Cu, 230ppm Co, 0.14% Zn, 0.07ppm Au from 28m.\n· HRC 022: 1m @ 0.74% Cu, 349ppm Co, 0.41% Zn, 0.14ppm Au from 83m.\n· HRC 036: 1m @ 0.18% Cu, 0.12% Zn from 25m, 1m @ 0.27% Cu from 40m.\n· All Intercepts demonstrate down dip extensions to the mineralised gossan at surface. \n \nA total of 1798m from 36 holes were drilled at approximately 1km intervals targeting underground extensions to the periodically outcropping mineralised gossan identified during previous reconnaissance.\n \nLimited historical targeting data was available, and first pass hole locations were chosen using estimated dip and dip direction from the interpreted lineament of the mineralised strike. Supporting information included field observations, a coincident westerly dipping magnetic anomaly with its eastern extent coinciding roughly with the interpreted gossan lineament and the presence of highly leached surface lithologies indicating the possibility of sulphides at depth.\n \...