Proactive Investors - Run By Investors For Investors
Why invest in MRR?
MinRex Resources Ltd: DEEP DIVE
OVERVIEW

MinRex Resources prepares for next phase of gold exploration in the East Pilbara

The company has received encouraging exploration results from across its East Pilbara projects in 2018.
gold nuggets
OVERVIEW: MRR The Big Picture
Five small gold nuggets were recovered from Marble Bar North

MinRex Resources Ltd (ASX:MRR) is preparing for the next phase of fieldwork in WA's East Pilbara, including exploration at all four of its gold project areas around Marble Bar -  Daltons, Bamboo Creek, Marble Bar North and Marble Bar South.

During the December 2018 quarter, extensive metal detecting was completed on all four East Pilbara project areas.

Marble Bar North

Five small gold nuggets totalling 1.5 grams in weight were recovered at the Marble Bar North project area, along with gold-bearing quartz rocks.

Two quartz rock specimens were also collected, which activated the metal detector, and upon close examination were seen to contain small particles of gold on their surfaces.

Mapping in this area also uncovered a layered, fine-grained basal gravel deposit under a surficial coarse-grained quartz scree deposit.

Basal gold-bearing gravel layer

During 2019, the next phase of fieldwork in the East Pilbara will include further rock sampling, soil sampling and detailed geological mapping.

This will be used to better understand these complex gold, base metal and polymetallic mineralised systems.

READ: MinRex Resources recovers more gold nuggets from East Pilbara projects

MinRex’s work will aim to build on the results received from the previous four exploration programs completed in 2018.

The company plans to commence the new program in March or April 2019, after the current wet season in the Pilbara.

Deflector Extended Gold Project

The next stage of work at the Deflector Extended Gold Project will include collection of further surface rock and soil samples, along with the commencement of heritage survey activities.

MinRex projects

The field sampling programs will aim to further pinpoint the most anomalous areas for the subsequent drilling.

This work will concentrate on the already defined anomalous zones, but will also include some further reconnaissance work elsewhere in the Deflector project.

View full MRR profile View Profile

MinRex Resources Ltd Timeline

Related Articles

gold nuggets
January 21 2019
The company has received encouraging exploration results from across its East Pilbara projects in 2018.
Etango project in Namibia
January 29 2019
Managing director Brandon Munro has outlined expected positive drivers for the sector in 2019.
Drill pad preparation at Mt Freda complex in Queensland
April 30 2019
Its focus is on ground in Tier 1 provinces, such as on the Mt Freda complex in Queensland and an Olympic Dam structural corridor in South Australia.
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use