Strategic Minerals Corporation (ASX:SMC) has started reverse circulation drilling at its Woolgar Gold Project in Queensland that will follow up very high grade intersections in 2013.
They included the mouth watering 26 metres at 10.44 grams per tonne gold and 21.4 metres at 8.74g/t gold at the Big Vein South prospect and 28 metres at 4.35g/t gold at the Big Vein Central Prospect.
The new program will test 3,500 metres with reverse circulation drilling kicking off the 2014 program and is intended to test mineralisation along strike and to depth.
It is also designed to enable further resource estimates on the Big Vein South prospect, where 14 reverse circulation drillholes are planned.
The drilling will concentrate on infilling between the existing deeper intersections, and then stepping-back and stepping-out along strike from these.
The results of this program have the potential to inform the review and development of a new resource estimate.
In addition, the drilling will be both deeper and at a shallower angle than previous exploration programs in this area to improve the quality of the intersections.
The first round of drilling is expected to take up to six weeks to complete with sampling analysis and interpretation to follow.
