Smarts NW
As discussed in the
Located along strike to the north-west of Smarts Underground, high-grade mineralisation has already been identified from previous drilling campaigns over a strike length of approximately 600 metres.
Drilling comprising nine holes for an aggregate 1,600 metres, or an average of approximately 180 metres per hole, has now been completed.
The program was designed to infill previous drill lines and test extensional potential.
Assay results are expected next week and will be reported to the ASX shortly thereafter
Goldstar
As advised in the
With the existing Mineral Resource based on wide-spaced drill lines, the Company believes significant potential exists to grow the Mineral Resource by increasing drill density.
Smarts Underground
In Troy's
Following further internal assessment from and agreement with the consultant undertaking the resource/ reserve mapping work, the decision has been made to drill four additional deep holes. The aim of these holes is to both increase confidence in that part of the modelled resource which they traverse as well as investigate the continuity of mineralization between the modelled Smarts 2 and 3 ore shoots.
The geotechnical consultant has advised to drill further geotechnical holes in the area of the decline access and also further test the main ore shoot at depth, with the actual number of holes under review. The diamond drill rig, which is currently at Goldstar (refer discussion above), will return to Smarts Underground to undertake this work in approximately a week's time.
The additional work may see the updated Mineral Resource and maiden Ore Reserve report deferred slightly to
The 13 November announcement also referred to
Contact:
Tel: +61 8 9481 1277
Email: troy@troyres.com.au
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