ASX Release – 4th August 2015
High-Grade Gold Results
up to 12,800 g/t
from 1460 Level Access Drive
The high-grade narrow vein recently intersected by mine development on the 1460 level is up to 40 millimetres wide and near vertical in orientation. A chip sample along the vein has returned 12,800 g/t Au and grab samples of the first mined ore have returned up to 1,333 g/t Au.
The Company is continuing to develop along this vein to assess the extent of mineralisation and stockpiling of the mined ore has commenced in preparation for processing.
The style of mineralisation is typical of the upper levels of the A1 Gold Mine, where stacked or narrow individual high-grade quartz veins were mined and averaged 25 g/t Au over the life of the mine.
ORS Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
