Managing Director, Mike Dunbar said,“It is very pleasing to report shallow and consistent widths of high-grade gold mineralisation in seven of the first eight RC holes completed by the Company at the Calyerup Creek Gold Project. To intersect consistent and significant widths of high-grade gold mineralisation from such shallow depths along a strike length of around 140m at the Southern Prospect is a great result.Importantly this is just the start of the programme. With the two soil anomalies extending for over 1,400m each, this drilling represents less than 5% of the strike potential of the anomalous gold in soil trends and the depth potential remains completely open below around 30m vertically. While the initial programme was expected to be completed prior to Christmas, due to mechanical issues with the drill rig and the drilling being slower than anticipated, only 8 holes of the 50 holes could be completed prior to the end of the year. Pleasingly we have managed to secure another small RC rig to complete the drilling, with the rig mobilising to site on Thursday the 20th of January and is expected to commence drilling on Friday the 21st. This drilling will initially focus on the shallower portions of the programme.
interesting open at depth below 30mtrs?
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