Jane Morgan Management
Highlights
- Drill hole GNDD-032 recorded a second significant gold intersection in porphyry. Highlights
include (refer Table 1 for details): - 116 metres at 1.2 g/t AuEq – 1.1 g/t gold, 4.0 g/t silver, 0.2% zinc; including
- 6 metres at 10.2 g/t AuEq – 9.6 g/t gold, 18.7 g/t silver 0.15% zinc; and
- 4 metres at 10.9 g/t AuEq – 9.8 g/t gold, 18.5 g/t silver, 1.5% zinc
- This hole is located 1 kilometre south along strike from the GNDD-025 discovery hole which
intersected 50 metres at 1.4 g/t gold, 3.4 g/t silver (hole ending in mineralisation) in altered
porphyry - Significantly upgrades CEL’s 1 kilometre intrusion-hosted target with intersections of 116
metres at 1.2 g/t AuEq and 50 metres at 1.6 g/t AuEq (ending in mineralisation) encountered
at either end of this undrilled target - The high-grade zones in GNDD-032 indicates that skarn alteration likely continues into the
intrusives significantly expanding the scope of the project for higher-grade mineralisation
which remains open to the east - Major synergies from an exploration and mine development perspective as the porphyry
hosted gold is contiguous to, and underlies, the existing high-grade mineralisation
/Public Release.
