Last Friday, Global Metals Exploration NL released new Bulk Leach Extractable Gold (BLEG) results at their 100% owned Jutson Rocks project in western Australia. The assays received on 269 samples revealed ten new anomalous gold areas on their tenements, of which the Rutter South-zone seems to be the largest zone, covering approximately 5.5X1.5 km.
[image_frame style=”framed” title = “Project Location Map (Mt. Venn incorporating part of the Jutson Rocks Project)” align=”left” height=”180″ width=”one_third”]http://www.caesarsreport.com/wp-content/uploads/2012/08/GXN1.jpg[/image_frame]
The grades were relatively low (between 4ppb and 37ppb), but the company plans to drill 890 auger holes to test these preliminary targets. Drilling is expected to start within the next two weeks, so we anticipate to see the first auger results in September.
MD Lia Darby is pleased with these BLEG-results, stating ‘previous scout drilling underneath the BLEG hot-spots showed sub-surface mineralization directly under the surface gold anomalies, discovered by the BLEG-exploration program’.
You can read the entire press release here (pdf).
Disclosure: Global Metals Exploration NL is a sponsoring company. Please see our disclaimer for current positions.
