EAST LAVERTON PROJECT:
Gold Drilling Intersects Prospective Host Rocks:
A major diamond drill programme commenced in Q3 2018 to test new gold targets at the East Laverton Project. Table 1 lists the 14 drill holes completed in the programme for 2,278.7m of drilling.
The gold targets being tested were primarily identified following the new airborne magnetic survey completed by St George at the Project in Q2 2018.
The survey generated high resolution magnetic data for three priority gold prospects – Ascalon, Athena and Bristol – and identified thick, linear strongly magnetic dolerite units which are lithologies known to host large gold deposits in the Yilgarn Craton.
Structural breaks within these dolerites, as indicated by low magnetic responses, were targeted by the drilling. Figures 3 and 4 show the location of the recently completed drill holes.
The widely spaced drill hole programme returned multiple intersections of dolerite with quartz veining and sulphide mineralisation – indicative of a large mineral system that is prospective for gold mineralisation. Drill core is being submitted for laboratory assays to determine any gold content.
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