- The shallow AC drilling identified new gold mineralised zones at the Emerald South and Henderson Bore Prospects. Significant results include:
- HBAC016 7m @ 1.13 g/t Au from 45m, including 1m @ 4.57 g/t Au from 49m
- HBAC060 2m @ 2.2 g/t Au from 19m, including 1m @ 4.09 g/t Au from 19m
- Further reverse circulation (RC) drilling is planned to test the lateral and depth extent of the newly discovered gold mineralisation and also to test previously identified gold targets in areas with shallow cover. This includes the historical Hilltop gold workings where exploratory rock-chip sampling of mullock returned 77.2 g/t Au and 2.4 g/t Au.
Two regionally significant fault zones, the Ida Fault and Ballard Fault, transect the project area (Figure 1) and are considered to have played important controls on gold deposition. Significant gold mines associated with those structures in proximity to the
Current Drilling and Results
A Phase 1 AC drilling programme was conducted in
The results of the drilling programme are considered very encouraging with three drillholes from two different areas returning gold assays over 0.5 g/t (500 ppb) (Table 2*). Best results of 7m @ 1.13 g/tAu, including 1m @ 4.57 g/t, were reported from hole HBAC016 located about 1 km south and along strike from the historical Emerald Gold Workings (excised from E30/520). A preliminary sectional interpretation of the AC drill line containing HBAC016 indicates the presence of a gently easterly dipping zone of mineralisation that is open at depth (Figure 3).
Drillhole HBAC060, drilled at the Henderson Bore Target Area (Figure 2*), intersected significant gold mineralisation at a down-hole depth of 19m (2m @ 2.2 g/t Au, including 1m @ 4.09 g/t Au).
Due to limited drill rig availability, only one hole was drilled at this site and further drilling is required to properly delineate this mineralisation.
Ongoing Work
Phase 1 AC drilling targeted the oxidised upper section of the regolith. A follow-up programme of reverse circulation (RC) drilling is planned to test the continuation of gold mineralisation in fresh rock. A total of six target areas have been selected for RC drill testing (Figure 2*). They include the Emerald South and Henderson Bore Targets but also include previously identified targets under shallow cover at Blue Well and Snake Hill (Figure 4*; refer ASX release
Of particular interest is the Hilltop gold prospect. Two specimen rock-chip samples collected by VMC from mullock near the old workings assayed 77.2 g/t Au and 2.4 g/t Au respectively (Table 3*), highlighting the potential for narrow high-grade gold mineralisation in that area.
*To view tables and figures, please visit:
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