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MinRex Resources recovers more gold nuggets from East Pilbara projects

The company is exploring its four projects within the East Pilbara region.

Photograph showing the gold nuggets recovered in P45/3040 in October 2018
Exploration is evaluating conglomerate-hosted gold potential

MinRex Resources Ltd (ASX:MRR) has received results from its fourth evaluation and sampling program at its 70% owned East Pilbara tenements in Western Australia.

A field team was mobilised in October 2018 to commence a metal detecting and sampling program, focussing on the gold potential and especially conglomerate-hosted gold potential.

East Pilbara projects

During this work, five small gold nuggets were recovered at the Marble Bar North Project area, adding to the six nuggets collected there in the previous December 2017 metal detecting exercise.

READ: MinRex Resources exploring for gold across multiple projects

Gold-bearing quartz rock specimens were also recovered.

Gold-bearing quartz specimen recovered in October 2018

A buried basal gravel layer, about 30-35 centimetres thick was identified at Marble Bar North, which may be the source of the gold nuggets.

The other project areas were also visited and extensive metal detecting was conducted, but without the recovery of any further nuggets.

More exploration planned

Further exploration programs are due to commence at the East Pilbara Project areas as soon as possible after the summer months.

READ: MinRex Resources receives assays from sampling at Deflector Project

Alongside the East Pilbara Projects, MinRex also owns the Deflector Extended Gold Project in Western Australia.

Late last year, the company received assays for 253 soil samples and 32 rock chips collected from the project.

Quick facts: MinRex Resources Ltd

Price: 0.031 AUD

Market: ASX
Market Cap: $6.42 m

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