WPG Resources Ltd (ASX:WPG) is pleased to announce further encouraging gold assays from the second fan of drill holes in its phase 2 drilling program in Challenger Deeps announced on 22 September 2017 and 26 October 2017. These holes were designed to target the M2 lode at the 95mRL, which are two levels or 40m below the lowest production level at Challenger. This fan of drill holes also passes into the Challenger Deeps mining lease (ML6457), which was granted to allow continued mining of the Challenger Deeps lodes down plunge.
Intercepts on the M2 and Aminus lodes are:
17CUD2200: 0.86m (true width) @ 14.07g/t Au from 27.55m downhole.
17CUD2201: 0.79m (true width) @ 20.05g/t Au from 162.90m (Aminus)
17CUD2202: 1.74m (true width) @ 6.77g/t Au from 51.91m downhole.
17CUD2203: 1.25m (true width) @ 5.37g/t Au from 28.00m and 1.56m (true width) @ 5.31g/t Au from 81.81m downhole.
17CUD2204: 1.41m (true width) @ 18.62g/t Au from 18.00m and 2.86m @ 10.41g/t Au from 23.00m downhole.
17CUD2205: 0.60m (true width) @ 7.94g/t Au from 31.36m and 0.53m @ 6.66g/t Au from 60.00m downhole.
17CUD2206: 0.56m (true width) @ 5.92g/t Au from 22.00m downhole.
The intersections observed on both the top fan and second fan of the phase two drilling program are very similar to those seen in levels above the shear where multiple folds were successfully mined at grades in excess of 5g/t. These additional folds, outside of those assumed in the mine planning, also have the potential to increase the ounces per vertical metre above those used for initial planning purposes.
Grades will get better from here. Not the motherload but its an improvement.
@Drum in sync you were right buddy lol
Add to My Watchlist
What is My Watchlist?