Western Australian gold explorer BMG Resources Limited (ASX: BMG) (BMG or the Company) is pleased to advise that the diamond drilling (DD) (2,613m) and aircore drilling (AC) (approx. 10,300m) programs at the Company's 100% owned Abercromby Gold Project in the Wiluna greenstone belt of WA have been completed.
About 2,600m of DD was completed at the Capital Prospect within Abercromby across 10 holes, including five tails in order to complete previous reverse circulation drilling that didn't reach target depth, and deeper holes targeting high-grade depth and strike extensions.
This completes the 6,700m of RC/DD drilling program that was aimed at testing the mineralised zones at Capital, deeper extensions of the high-grade orebody, and step-out extensions along strike. BMG has also completed about 10,300m of AC drilling across 130 holes at Abercromby, targeting high priority structures identified through the sub-audio magnetic geophysical survey (SAM survey), which was completed in December last year.
Drilling tested the significant prospective strike potential between Capital and the previously defined Barrack /Archer prospects, as well as testing a multitude of grassroots targets. All samples have been processed and submitted for assaying; however, results are not yet available. The Company is hopeful that the first assays will be received later this month, though turnaround times across the industry are currently significantly slower than usual.
BMG Resources Managing Director Bruce McCracken said: 'We are very pleased to have hit the ground running in 2022 and put our best foot forward for both prospective results and turnaround times for the results of these activities. 'The completion of this 6,700m RC/DD campaign is a significant milestone for BMG and whilst we, like many of our peers, will have to patiently await the full results of this program alongside the AC program, the foundations are already being laid out for our next exploration activities at Abercromby. 'This year is shaping up to be another prospective one for precious metals explorers and BMG is pleased to be in the right jurisdiction and at the right time, to capitalise on our core assets.'
Aircore Drilling
The major AC program (130 holes for 10,312m) was completed to the south of Capital. The drilling tested the significant prospective strike potential between Capital and the previously defined Barrack /Archer prospects, as well as, testing a multitude of grass roots targets generated by the SAM survey completed in December 2021. Many of these are walk up targets based on their analogous features to the structural settings of known mineralisation centres at Capital and Capital North. Access to planned hole locations was, for the most part, easy; however, six planned holes were unable to be completed due to boggy ground at the drill sites. All samples have been processed and submitted for assaying; however, results are not yet available. We're hopeful that the first assays will be received later this month, though turnaround times across the industry are currently significantly slower than usual.
About the Abercromby Project
The Abercromby Project is located on the Wiluna Greenstone Belt, one of Western Australia's most significant gold-producing regions with a gold endowment of +40Moz Au - second only to Kalgoorlie globally in terms of historic production. The geology at Abercromby is very favourable for gold mineralisation, with historic drilling at Abercromby having intersected multiple thick intervals of high-grade gold mineralisation to confirm the presence of a large high-grade gold system. BMG holds 100% of Abercromby, which comprises the gold and other mineral rights (ex-uranium) of two granted mining leases (M53/1095 and M53/336).
Contact:
Bruce McCracken
Tel: +61 8 9424 9390
Email: enquiry@bmgl.com.au
BMG RESOURCES LIMITED 
