High Impact Drilling to test Jundee Gold Analogue set to Commence
Analysis of the recent diamond drilling at Ives Find has significantly enhanced the Company’s understanding of the high-grade gold mineralisation at its Ives Find prospect and is interpreting the gold mineralisation to increase down dip towards a feeder zone at depth.
The Company believes the geological setting at Ives Find is analogous to Jundee style, high- grade gold mineralisation where the gold discovered in the granite at Jundee was part of a much larger gold system that increased with depth in the underlying greenstone rocks.
At least 5 discrete, high-grade gold lode targets are interpreted to widen at depth and a further 5 high priority structural targets have been identified along strike.
High impact targeted drill programme to test depth and width extensions. Drilling success would provide potential for a major new gold discovery.
10 hole drill programme set to commence May 2019
Have to say I’m most relieved to read we are pursuing the Gold at Ives Find. The Vanadium announcement was a positive development, but I was a little wary it was code for abandoning the last few years work - unfounded fears! GTE will now be very busy, with the 3 Vanadium drills also planned. I’m back to being excited by this year’s activity
GTE Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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