And this is what was mentioned of the potential, back in 2018 after the soil sampling was undertaken.
Gateway’s Managing Director, Peter Langworthy, said the identification of new, high quality targets like Kashmere
underlined the substantial and largely untapped exploration potential within the Company’s broader ground position
at Gidgee.
“We have used a simple, low cost exploration technique to generate an outstanding shallow gold target in a short
period of time,” he said. “We always had high hopes for this area from a conceptual targeting perspective given its
location directly along strike from an existing 200,000oz gold resource, as well as its position on a structurally
favoured geological horizon.
“We still have lots of work to do to really understand the controls of the gold anomalism in relation to the transported
cover, however there is clearly excellent prospectivity along this contact zone. ......................
“The Kashmere Prospect sits within a major new 10km long gold mineralised corridor, as outlined in recent
announcements, which runs parallel to the 4km long prospective gold corridor we have already outlined between the
advanced Whistler-Montague-Caledonian prospects. I think on the evidence we now have there is a good probability
of exploration success in this area.
And in this ANN - it notes
The area (Kashmere) has been covered by detailed ground gravity and airborne magnetic surveys. The Montague Dome system was recently covered by a systematic fine-fraction soil sampling program which highlighted a significant gold-in-soil anomaly corresponding to the mineralisation intercepted by this drilling.
the follow up work as:
Ground based geophysics (SAM) is proposed to map the host structure and identify prospective dilational zones. Step-out RC drilling down dip and along strike of highgrade gold intercepts. Regional RC drilling to test along the interpreted contact position.
No mention of timing or priority.
For the full context;
https://hotcopper.com.au/threads/ann-large-scale-gold-anomaly-defined-gidgee-gold-project.4520117/
More waiting, couple of weeks will tell a story when the balance of the 4,500m comes in.
GL.
- Forums
- ASX - By Stock
- GML
- Ann: Significant Shallow High-Grade Gold in Drilling at Kashmir
Ann: Significant Shallow High-Grade Gold in Drilling at Kashmir, page-14
Featured News
Add GML (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.28M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $3.067K | 117.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 127799 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 125000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 127799 | 0.025 |
2 | 275000 | 0.024 |
1 | 1000000 | 0.023 |
1 | 218680 | 0.022 |
1 | 28500 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 125000 | 1 |
0.029 | 100000 | 1 |
0.030 | 1475000 | 3 |
0.033 | 100000 | 1 |
0.038 | 125000 | 1 |
Last trade - 10.49am 08/10/2024 (20 minute delay) ? |
Featured News
GML (ASX) Chart |