• Date of Release : Jan 23 2008 - 00:21
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Republic encouraged by Whumbal West results

Republic Gold has received all of the analysis results from recent drilling at the....

  Republic Gold has received all of the analysis results from recent drilling at the Whumbal West tungsten prospect in Far North Queensland.Republic said planning for a Stage 2 drilling program at Whumbal West will commence immediately after the success of its November drilling program, which encountered tungsten mineralisation in all but two drillholes. Republic Gold Managing Director, John Kelly said the highly encouraging drilling results from Whumbal West represent an exciting time for the company. “Our exploration team has taken an idea, a handful of isolated analysis results from samples taken decades ago and initially turned these into a large and robust tungsten anomaly,” Mr Kelly said.“Now the analysis results from the very first holes drilled into the anomaly have demonstrated the Whumbal West anomaly to be real with enormous potential. “Thirteen of the intersections are at or above a reasonable cut-off grade that could be used to calculate an open pittable resource, but the existing drilling and geological information is far too sparse for any resource calculation to be considered yet,” he said. “We know that this region of the Hodgkinson Basin is rich in tungsten and will push on with further drilling at Whumbal West when the wet season allows and also explore the other tungsten anomalies known to exist on the company’s ground.”

  • News group : International News
  • News code : 26347
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Last updated date: Jan 23 2008 00:21
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