Interesting....
This is the first target they have identified as high potential low cost....
Also just as interesting....
Outback Gold (Valkea Resources) drilled 2400 metres with all holes only averaging 40 metres deep to test bedrock…
From Outback announcement - The focus of the grid-based, shallow reconnaissance-style drill program was to drill through barren cover rocks and map and sample the top of bedrock. Planning for follow up drilling of high-potential drill targets now underway: Results suggest that drilling may have intersected low-grade gold halos proximal to high-grade gold bearing quartz reef structures. Numerous targets have now been identified and planning is underway for follow up drilling to test these targets at depth and along strike.
What I like is that Air Core is low cost and Outback Gold used a pXRF on all there holes..
Cuttings from each drill run were analysed using a portable x-ray fluorescence spectrometer (pXRF). The focus for these analyses was pathfinder element geochemical concentrations
So you would expect the same with this drilling campaign so may not have to wait until April for assays as any High grade Gold reefs intersected will be visual and detectable by the pXRF
No further drilling was completed by Outback Gold
S2R are drilling deeper trying to locate the high grade quartz reefs
The purpose of this program is to drill deeper drill holes along selected drill traverses to better define the overall nature and extent of these trends, and to define any gold-arsenic “hotspots” within them as well as testing the trends along strike where they are currently open. The program nominally comprises 5,000 metres and is expected to take three weeks to complete
The current exploration thesis is that drilling to date by Outback has intersected multiple low-grade gold halos within the broader arsenic anomaly possibly associated with proximal and concealed high-grade gold bearing quartz reefs. Numerous high-potential targets have now been identified.
Also interesting....
The Geological Survey of Victoria published a study in 2008 focused on the geochemistry of host rocks and alteration halos surrounding central Victorian gold deposits. The study inferred that low-grade gold halos may extend between 30 and 90 metres from primary mineralized structures (e.g., quartz reefs) with grade thresholds between 10 ppb and 100 ppb gold (Arne et al.,
2008).The peak gold values from the O'Connors air-core drill program of up to 0.43 g/t (432 ppb) Au and 0.27 g/t (270 ppb) Au (Figures 1 and 2) are therefore considered highly anomalous and represent immediate targets to systematically drill test.
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And for the non-believers of Air Core drilling over RC or DD….
Yes, aircore drilling was used to discover the Hemi gold deposit in Western Australia...
And Aircore drilling defines third large gold zone at Hemi
The new CROW zone is a NE trending gold in bedrock anomaly 1km long and 300m wide,
north of and parallel to Aquila and Brolga within the Hemi discovery area.
Significant aircore intersections (>1 g/t) include:
4m @ 6.9g/t Au from 52m in BWAC476
4m @ 3.7g/t Au from 52m in BWAC480
1m @ 4.7g/t Au from 77m in BWAC 438*
3m @ 1.1g/t Au from 32m in BWAC463*
4m @ 1.1g/t Au from 44m in BWAC464*
Also
A discovery opportunity’: ST??KHEAD
With visible gold in Air Core drilling, has Koonenberry unearthed a potential new orogenic gold system in northern NSW?
So Good luck everyone any good Au results will send us up....
And good to be drilling again as its really only good drilling results that will ignite this and move us up...GL
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Interesting.... This is the first target they have identified as...
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