Program designed to upgrade Mineral Resources 100m
below current workings, allow conversion to Ore
Reserves and test high-grade depth extensions
• Major new drilling program has commenced from underground
drilling platforms at the Bartons Underground mine.
• Drilling designed to upgrade the Mineral Resources and allow
conversion to Ore Reserves.
• Deep exploration drill holes to be completed to test depth
extensions 200m below the currently-defined mineralisation.
• Previously-reported deep intercepts from below the current
Resource area include:
• 41m @ 6.02g/t Au from 129m, incl. 2m @ 87.47g/t Au
(BARD0285)
• Drilling will also test a coincident electromagnetic and gravity
anomaly representing a potential VMS base metal target
located to the north-west of the current underground mine
development.
• This base metals drilling is being co-funded by the Western
Australian Department of Mines, Industry Regulation and
Safety (DMIRS).
• Gravity survey over four key mining centres at Nullagine shows
significant accumulations of gold mineralisation at the edges of
gravity anomalies. This provides an important new exploration
targeting tool for the Company.
MOY Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
