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Typhoon Exploration Declares Completion of Second Phase Drilling at Aiguebelle-Goldfields Property

Typhoon Exploration has declared the completion of second phase drilling in the intermediate region of AIG-11-01 at Aiguebelle-Goldfields Property. In this phase, three new surveys were completed.

The first survey was conducted on AIG-11-04 with 414 m, which is situated 25 m to the north-eastern side of AIG-11-01. It was performed in order to corroborate the mineralization zone thickness and was an attempt to obtain the same gold bearing intersection values in AIG-11-01. Between 48 and 91 m of AIG-11-04, a dyke of intermediate composition has been intersected. The dyke intersect exhibited monzodioritic affinity with hematite veins. At a depth between 83 and 86 m, 1.9 g/t Au was obtained over 3 m.

The second survey was performed on AIG-11-05 with 410 m, which is situated 20 m north of AIG-11-01. This survey was conducted to laterally cut the intermediate dyke zones identified in AIG-11-01. The drilling has intersected cracked orange monzodioritic dyke with hematite, similar to AIG-11-04. Furthermore, the mineralized zone has been observed near the surface, about 20 m of dead ground. The results show 1 g/t Au at more than 1 m, between 39 and 40 m, including a shell anomaly of 0.2 g/t Au at more than 17 m, between 26 and 41 m. At a depth of 203 to 213 m, fuschitised komatiite zone was intersected with intermediate dyke remnants and returned with 0.4 g/t Au over 10 m.

The third survey was completed on AIG-11-06, which is situated 20 m south-east of AIG-11-01. This survey was conducted to confirm the lateral extension of mineralized zone intersection in AIG-11-01. Low auriferous values were obtained from AIG-11-06 when compared to AIG-11-01 and AIG-11-04. The results show 0.9 g/t Au over 1 m at depths between 42 and 43 m in a shell having values of 0.4 g/t Au over 11 m at depths of 37 to 48 m.

Source: http://www.typhoonexploration.com

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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