THIS IS GOOD!!!
WPG Resources Ltd (ASX: WPG) is pleased to advise that a number of spectacular gold intersections have been received from the current round of infill Grade Control Drilling in the argillic altered zone of the Perseverance Pit. This drilling provides definition of the 120-90mRL horizon, which will be mined from February through to June and forms the basis for sustained increased in both tonnages and grade of Tarcoola ore to be processed over the coming months.
The assay results received for the holes range from <0.005 to 607.75 g/t gold. Some of the best Intercepts include:
- 11m (true width) @ 73.31 g/t Au from 11m in drill hole TGC0922, including 1m @ 607.75g/t Au from 17m
- 19m (true width) @ 26.74 g/t Au from 4m in drill hole TGC0906
- 13m (true width) @ 21.94 g/t Au from 6m in drill hole MET003
- 5m (true width) @ 53.59 g/t Au from 18m in drill hole TGC0899
- 12m (true width) @ 17.58 g/t Au from 0m in drill hole TGC0905
The full suite of 20 significant intersections > 20g/t x m are shown in Figure 1 and Appendix 1 and represent 18% of the drill holes. The rest of the holes have many economic intersections lower than these reported and validate the integrity of the current resource. Drilling is ongoing and to date assays have been received for 112 holes, totalling 3,030m.
The intercepts confirm scheduled increases in grade and ounce profiles for the close of FY18. Grade control modelling will be finalised by early March where potential upside may be identified.
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