VLT - Vault Intelligence - Aussie Stock Forums

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  1. #1

    Post VLT - Vault Intelligence

    Credo was incorporated on 6 July 2010 and incorporated a subsidiary company, Ora Banda Gold Pty. Ltd. to acquire mineral interests throughout Australia with an emphasis on gold projects.*To this end Ora Banda Gold has successfully acquired a number of prospective exploration projects in close proximity to Australia's premier gold city, Kalgoorlie.

    The Fair Adelaide Project is prospective for both gold and nickel mineralisation and contains several targets for follow up including the Puzzle Bear nickel target and shallow gold targets.

    The Bardoc North Project, the Boomerang Dam Project and the Dixie Project also have existing gold mineralisation developed at shallow depths along shear zones and hosted in structurally controlled quartz lodes. These projects all require additional drilling to progress them to the next stage of exploration but all have drill targets ready for immediate testing.

    The Cawse Extended Project is earlier stage and requires systematic first pass exploration to progress it to the drilling stage.


  2. #2
    Make the drill work for YOU springhill's Avatar
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    Jun 2007
    Mental Institution

    Default Re: CRQ - Credo Resources

    MC - $4.7m
    SP - 8c
    Shares - 57m
    Options - 18m
    Cash - 3m

    Completion of Initial RC Drilling Program at Tyegana 1 and Sebila Permits in Burkina Faso
     First pass RC Drilling at Tyegana 1 Permit, Prospect A, (Peotenga Prospect) intersects significant gold mineralisation with best intercept 8m @ 11g/t from 40m First pass RC Drilling at Sebila Permit, Prospect A, (Damesma Prospect) - intersects thick zones of gold mineralisation with best intercept 22m @ 1.95g/t from surface

    Tyegana 1 – Prospect A and B

    • Prospect A is two parallel structures being mined by artisans, over 1,000m strike
    •Prospect B is a recent discovery with numerous artisans mining, over 500m strike
    •Prospect A drilled in May, 2,000m of RC

    Sebila Permit
    •Nine gold targets identified from previous soil sample grids
    •20kms from Bissa
    •Gold targets are hosted by basalt-sediment contacts, porphyry intrusives, gabbros
    •At Damesma a large area of artisanal workings over a zone 1.2kms in length, recently drilled 700m of RC
    •New soil grids by Credo underway

    Bourzanga Permit
    •Previous soils sampling on 1km by 100m grid
    •Anomaly A is 10kms long @ >20ppb Au
    •Anomaly B is 7kms long
    •Drilling of Prospect complete, 2,000m of RC, 600m known strike length, 3 parallel structures
    •Auger drilling program underway

    Pepow Permit
    •Soils collected by Etruscan on 1,000m by 100m grid
    •Anomalies are 3km in length
    •Await recent sampling results
    •Artisanal workings testify to gold
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  3. #3

    Default Re: VLT - Vault Intelligence

    On June 27th, 2016, Credo Resources Limited (CRQ) changed its name and ASX code to Vault Intelligence Limited (VLT).

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