New Bonanza Gold Grades Extend the High‐Grade Gold Discovery at Currans Find North at DepthHighlights:
Further bonanza‐grade gold intersections in Stage 2 RC drilling at Currans Find North Prospect:
CFRC31 3m @ 25.00 g/t Au from 109m including 1m @ 57.15 g/t Au from 110mCFRC26 8m @ 7.81 g/t Au from 112m including 4m @ 12.55 g/t Au from 112m
The Stage 2 intersections extend high‐grade gold mineralization at depth and demonstrate the potential for the discovery of ‘blind’ high‐grade gold lodes along strike and down‐plunge from known surface and near‐surface historical high‐grade gold mineralization.
Stage 1 RC drilling had revealed the following bonanza‐grade gold intersections:
CFRC16 3m @ 27.5 g/t Au from 39mincluding 1m @ 72.67 g/t Au from 39mCFRC14 2m @ 13.34 g/t Au from 61m including 1m @ 25.38g/t Au from 61m(refer ASX releases 13 June & 24 June 2019)
Within the high‐grade gold intersections, accessory galena associated with significant sulphide contents has been identified in the RC rock chips. This is an important new development showing a gold – sulphide association.
Immediate follow up RC drilling will commence next week. An IP geophysical survey covering M57/641 will also commence soon to identify further sulphide‐rich gold lodes at depth similar to that discovered at Currans Find North.A 5000m Aircore drill program to start this week, targeting a combined magnetic, EM and geochem anomaly located north of the SPX Penny North discovery.
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