Washihi Copper-Gold Project Exploration Update
Oman (cont'd)
Alara is targeting discovery and development of Copper-Gold in Oman
•
Drilling
+5,000m completed
Initial JORC Resource at Washihi Project:
• 6.9Mt Inferred @ 0.76% Cu and 0.16g/t Au
•
•
•
2.1 Mt Indicated @ 0.70% Cu and 0.17g/t Au
Completed scoping study for a 500,000tpa throughput mining and beneficiation at Washihi
Geophysics indicates several targets and open mineralisation
•
Block 7 - VTEM & IP completed (over 3 main targets). RAB drilling completed
•
Block 8 - VTEM, IP & RAB drilling completed. 1.5km gossan discovered
•
Daris drilling intersections:
.
DERO006 - 23.0m @ 1.2% copper as copper oxide from 7.0m (from 17.0m)
D3DC001 18.7m @ 3.8g/t gold (from 19.0m)
•
D3DC002 17.9m @ 2.6g/t gold (from 28.4m)
•
D3DC003 - 17.2m @ 8.1% copper, as copper sulphides and 2.7g/t gold (from 51.5m)
•
D3DC002 11.9m @ 5.7% copper, as copper sulphides (from 34.4m)
.
DERO004 - 8.0m @ 1.3% copper as copper oxide (from 28m) & 8m @ 2.9g/t gold (from 1.0m)
DEDC005 - 7.3m @ 4.1% copper as copper sulphides (from 50.0m)
Alaa
resources
D3DC001-6.1m @ 5.8% copper, as copper sulphides (from 31.6m)
DEDC0064.4m @ 2.0% copper as copper sulphides (from 51.6m)
.
DERO009 -4.0m @ 5.3% copper as copper sulphides and 0.4g/t gold (from 34.0m)
•
D3DC002 - 3.5m @ 10.3% copper, as copper sulphides (from 50.6m)
.
D3DC002 3.5m @ 3.1g/t gold (from 50.6m)
.
DEDC007 - 2.9m @ 4.6% copper as copper sulphides (from 30.7m)
6
Refer to ASX market announcement dated 15 October 2012:
Initial JORC Resource - Washihi Project in Oman
O Alara Resources Limited
www.alararesources.com
24
24View entire presentation