A total of 1,164 metres of reverse circulation ('RC') and 743.3 metres of diamond core was completed during 2021, focused on the Goldsmith and Golconda lines of lode in the northeast of the project area. Other areas along and across trend were also tested by 2,711 reconnaissance soil samples, identifying dozens of new prospect areas.
Highlights
1.1m @ 2.3 g/t Au from 87.0m in GDD005 including 0.5m @ 3.97 g/t Au from 87.0m; 0.2m @ 2.04 g/t from 90.4m in GDD005; 2.9m @ 0.55 g/t Au from 17.4m in GDD006; GDD001 at Golconda returned 7.2m @ 0.95 g/t, including 2m @1.9 g/t Au from 198.2m and 1.1m @ 2.99 g/t; Surface rock assays returning up to 7.45 g/t Au and Completion of 2,711 soil samples identifying numerous prospective areas.
The completed program focused on the northern extension of the Goldsmith and Golconda mines which were in production until approximately 1908, and were known for rich structurally controlled shoots of free gold.
Highlights from the drill holes disclosed in this release (GDD003 - GDD006) include 0.5m @3.97 g/t Au from 87.0m and 0.2m @ 2.04 g/t from 90.4m in GDD005. True thickness is interpreted to be greater than 60% of drilled thickness.
2021 drilling and surface sampling results from Yandoit have highlighted the widespread presence of prospective quartz reef with laminated textures and sulphide content that provide encouragement for gold mineralization.
Bonanza grade gold occurs in the Goldsmith trend up to 2m @ 52.4 g/t gold from 28m in hole YRC008 (previously reported in news release dated
The completed pXRF soil campaigns have identified dozens of potentially gold bearing locations. Final batches of soil identified as containing elevated arsenic have been screened and are in process of being delivered at the Genalysis Intertek assay laboratory to confirm arsenic anomalism and detect the value of gold. Interestingly, pXRF analysis of soil returned occasional silver which may contribute as a diagnostic in targeting and defining these newer prospect areas.
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