Commenting on the Grace Project, Paterson Resources Managing Director Matt Bull said:
“Our first phase diamond drilling program at the Grace Project has delivered a set of solid near surface gold hits and extended mineralisation nearly 200 metres along strike.
We are highly encouraged by the significant gold intercept intersected in PDD0005, a further 800m southeast along strike from the main Grace deposit.
Minimal shallow historical drilling exists in this area which presents a high priority drilling target for our upcoming RC drilling program. We are looking to infill and extend the shallow high-grade gold mineralisation at Grace in preparation for releasing a maiden JORC-compliant MRE later this year.”
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