Quarterly Activities Report
Perth, Feb 1, 2019 AEST (ABN Newswire) - Cervantes Corporation Ltd (
ASX:CVS) ("the Company" or "Cervantes") is pleased to provide the quarter activity report for December 2018.
HIGHLIGHTS
- Completion of a focused seven holes 440 metres drilling campaign at Albury Heath to test previously intersected bonanza grade gold zones, not previously known from historic drilling or mine workings
o Drilling designed to test extent of two newly discovered gold zones:
-- 2m @ 67.2 g/t from 27m in AHP116, incl 1m @ 129.3 g/t from 27m
-- 5m @ 63.1 g/t from 32m in AHP134, incl 1m @ 202.8 g/t from 33m
o Quartz lodes up to 26m downhole width (apparent, true width not known) intersected
o Shallow intercepts in saprolite noted
o Drill sample assays awaited
- Additional RAB drilling was planned at Albury Heath, to be drilled in conjunction with the Albury Heath RC drilling programme, was delayed due to approvals from Mines Dept., missing the timeline to get out on ground prior to end Christmas & New Year period
- Planned Primrose Project drilling campaign delayed due to approvals from Mines Dept., also missing the timeline to get out on ground prior to end Christmas & New Year period
To view the full report with tables and figures, please visit:
http://abnnewswire.net/lnk/JZBB2928
About Cervantes Corporation Limited
Cervantes Corporation Limited (ASX:CVS) is an emerging gold explorer and aspiring gold miner. It has built up a portfolio of gold properties in well-known and historically producing gold districts with a strategy to apply novel exploration and development thinking. Cervantes has identified opportunities in those districts that were overlooked by previous explorers. The company is committed to maximizing shareholder value through the development of those opportunities.
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