Drilling at Mt Jewell Confirms Second Significant Zone of Gold Mineralisation First Seven RC Holes Drilled at Hughes Prospect All Intersect Significant Mineralisation
The Mt Jewell Project has all the hallmarks of an emerging gold camp with the potential to produce multiple zones of mineralisation, said Pioneer Managing Director, David Crook. The Hughes and Tregurtha Prospects are continuing to develop, and are the most likely targets for definition of initial JORC compliant resources later this year. We are also about to re-activate exploration of the exciting Golden Cities North area, which lies immediately north of the million ounce Golden Cities and Federal deposits" Mr. Crook said.
PIO Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held