OKR - Okapi
MC - ~10m
Cash: ~2.5m (recently raised)
SOI - 44,970,075
Enmore gold project - previous operators drilled a combined 213 diamond, RC and percussion holes totalling 11,323m at several prospects between 1974 and 2016.
Notable historic drill intersections from the old Sunnyside mine environs were 4m grading 11.94 g/t gold from surface, 2m at 14.6 g/t from 46m, 8m at 3.0 g/t from surface, 20m at 1.7 g/t from 18m including 4m at 4.4 g/t, and 10m at 2.8 g/t from surface including 2m at 6.2 g/t.
The structural and geological similarities between the mineralisation at Hillgrove and Enmore are being investigated and will form part of the exploration model for its new project.
Previous production at Hillgrove reached more than 730,000 ounces of gold.
Hillgrove’s JORC-compliant measured, indicated and inferred mineral resource estimate currently stands at 5.03 million tonnes of ore going an impressive 4.3 g/t gold and 1.5 per cent antimony for 692,000 ounces of contained gold and 75,000 tonnes of contained antimony.
OKR boasts the same management/financiers as ADN. Also targeting Nickel/Gold in the under-explored Lake Johnston greenstone belt.
