leadf
logo-loader
viewMinRex Resources Ltd

MinRex Resources receives assays from sampling at Deflector Project

Exploration is aimed at identifying aircore drill targets.

map of australia showing project location
A new exploration program including sampling and mapping is expected

MinRex Resources Ltd (ASX:MRR) has received assays for soil samples and rock chips collected from the Deflector Extended Gold Project at Gullewa in Western Australia.

Assays are from the 253 soil samples and 32 rock samples collected during September and October 2018.

Visual representation of latest soil assays

The best rock sample gold result assayed 0.13 g/t gold.

Visual representation of latest rock chip assays

READ: MinRex Resources exploring for gold across multiple projects

MinRex is actively exploring Deflector utilising surface soil, auger and rock sampling and geological mapping to identify buried mineralised structures.

Several surface sampling programs have been completed to date.

 A total of 594 soil samples, 566 rock samples and 185 auger drill samples have now been collected within the tenement area.

The best rock sampling results are from an area, now known as Corner Creek, where a number of anomalous surface rock assay were identified ranging up to 2.9 g/t gold.

Exploration aimed at identifying drill targets

The results from this latest exploration and sampling program are still being collated and analysed

Once all of the requisite surveys and approvals are obtained, it is anticipated that a shallow aircore drilling program will be conducted.

Drilling will target the most anomalous areas for gold and base metals.

 

 

Quick facts: MinRex Resources Ltd

Price: 0.031 AUD

ASX:MRR
Market: ASX
Market Cap: $6.42 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of MinRex Resources Ltd named herein, including the promotion by the Company of MinRex Resources Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read