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Drilling at Cape Three Points
Noble Mineral Resources Ltd is pleased to announce that a UDR 650 multipurpose drill rig arrived at the Cape Three Points Prospecting Licence in Ghana on Sunday, 17 May 2009.
Drill targets on the Satin and Morrison Prospects in the northern portion of CTP Licence area.
[ Click here to view map ]
A drill programme of 5,000 metres of RC and 1,500 metres of HQ core will focus upon the definition of
along strike extensions of the Satin Mine mineralisation as well as the depth extensions of the Satin Mine and the Morrison Prospects.
The Satin Mine structure has been identified by trenching and channel sampling two kilometres north of
the Satin Mine where a wide exposure of thin mineralised quartz / sulphide veins occur within
weathered basalts.
The same structure has also been identified in trenches 3.2 kilometres south of the Satin Mine where a
quartz vein assayed at 6.9 g/t.
It is planned that RC drilling will test the entire 5.2 km strike extent of the Satin Mine structure and HQ
core drilling will be used to drill beneath significant RC defined mineralised intersections.
RC and HQ core drilling will be used to further test known mineralisation at the Morrison Prospect, especially the westward and down dip extensions of mineralisation defined by previous drilling campaigns.
The Company will advise of the results of the drill program as they become available.
Competent Person’s Statement
The information in this report that relates to the Cape Three Points licence area is based on information compiled by Mr Simon Edward Meadows Smith (BSc (Geology), who is a member of the Institute of Materials, Minerals and Mining. Mr Meadows Smith is employed by SEMS Exploration Services Ltd. Mr Meadows Smith has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration to qualify as a Competent Person as defined in the 2004 edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (JORC Code). Mr Meadows Smith consents to the inclusion in the report of the matters based on his information in the form and content in which it appears.