HIGHLIGHTS
New gold intercepts have confirmed that the Guitorga Lodes extend for a further 250m to the northeast and that significant gold mineralisation continues for at least 400m to the northeast of the Exploration Target.
Significant and multiple gold intercepts were obtained in all five holes drilled on Guitorga Hill and mineralisation remains open at depth.
New gold intercepts from each of the holes drilled on Guitorga Hill are set out below:
- 7m at 1.5 g/t gold from 99m and 6m at 2.9 g/t gold from 180m, including 1m at 8.6 g/t gold and 1m at 7.8 g/t gold in BARC199;
- 1m at 15.6 g/t gold from 84m in BARC200;
- 6m at 1.5 g/t gold from 13m and 16m at 1.2 g/t gold from 33m in BARC201;
- 1m at 16.3 g/t gold from 133m in BARC202; and
- 1m at 13.2 g/t gold from 73m in BARC203.
Drilling has now commenced to test the 650m gap in the Exploration Target on the Guitorga Lodes.
RC drilling program to be extended to 17,500m under the drilling for equity agreement with Ausdrill Limited (Ausdrill).
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