****WTD002 DRILLING UPDATEWandean diamond hole WTD002 is progressing well and was 590m downhole on 11 November 2019.
It is on target to intersect the Fosterville- style, sulphide-gold target at around 770m downhole and 300m vertically below surface (refer Figure 1 on next page).
The diamond drill, a track- mounted underground rig able to drill low-angle holes, has averaged 34m per day over the last six days.
With an Induced Polarisation (IP) chargeability reading of 26.0 mV/m, the target is four times stronger than the highest IP reading recorded under the East Pit at the Nagambie Mine of 6.5 mV/m.
The WTD002 sulphide-gold target is supported by:
the strong IP anomaly;
an overlying gold-arsenic-antimony soil anomaly; the proximity of a projected northern Wandean thrust fault; the significant hydrothermal alteration of the sediments seen in WTD001; and the oxide-gold mineralisation associated with the southern Wandean thrust fault.James EarleChief Executive Officer*****
What was the results for this drilling? Must have missed gold assay results?
