64North remains under-exploredThe 64North project surrounds the...

64North remains under-explored

The 64North project surrounds the Pogo mine, owned by Northern Star Resources (ASX: NST), which has so far produced 4 million ounces of gold at an average grade of 13.6 grams per tonne. Pogo has a total endowment of 10Moz of gold and is currently producing at a rate of 300,000oz per annum.

In the latest development, Resolution reported a geophysics survey over historic high-grade (up to 35g/t gold) intersections have identified an anomaly and potential extensions at the Boundary prospect within its East Pogo block.

The Boundary prospect is located on the Pogo trend between Northern Star’s mine and the Tibbs project owned by Toronto-listed Tectonic Metals.

Last week Tectonic reported more drilling results including 9.14m at 6.71g/t gold.

Resolution’s survey also identified a new larger second target over 2.2km by 1.5km, located 900m southwest of the historic drilling results noted above.

New targets to be drilled in 2021 northern summer

Surface rock chip sampling over this new target has identified sulphide-bearing quartz boulders.

Assays from these are expected in late October.

Mr Chessell said the new drill targets and extensions at historic prospects by modern technology demonstrates how highly prospective and under-explored 64North remains.

Boundary is located 26km along strike from the Pogo mine and 11km northwest of Tibbs.

Resolution says drill testing there is warranted and will require helicopter support when undertaken in the 2021 summer field season.