GOR 0.84% $1.78 gold road resources limited

BREAKTHROUGH GOLD DISCOVERIESCONFIRMED AT DOROTHY...

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    BREAKTHROUGH GOLD DISCOVERIES
    CONFIRMED AT DOROTHY HILLS
    Highlights
    ? First Reverse Circulation (RC) drilling programs at Gruyere and YAM14
    targets along the Dorothy Hills trend have both confirmed significant
    gold mineralisation
    ? Infill and extension RC drilling program scheduled to commence shortly
    at both Gruyere and YAM14
    GRUYERE
    ? Gold intercepted in every drill hole, over almost the entire length of the drill
    holes
    ? 400 metre strike length, is up to 165 metres wide and to a vertical depth of 88
    metres
    ? Mineralised gold zone open along strike, at depth and to the east and west
    ? 8 RC drill holes for 609 metres were drilled on two lines, 400 metres apart
    ? Best gold intercepts (at 0.5 g/t Au cut-off) included:
    ? 52 metres @ 1.23 g/t Au from surface, including 16 metres @ 1.61
    g/t Au (13GYRC0010)
    ? 40 metres @ 1.16 g/t Au from 32 metres, including 12 metres @ 1.84
    g/t Au (13GYRC0011)
    ? Highest individual composite assays were:
    ? 2 metres @ 3.23 g/t Au from 100 metres as a 2 metre composite
    sample from the end of the deepest drill hole (13GYRC0011 – hole
    ended in highest grade mineralisation intersected in the program)
    ? 4 metres @ 2.95 g/t Au from 36 metres (13GYRC0011)
    ? 4 metres @ 2.77 g/t Au from 20 metres (13GYRC0010)
    YAM14
    ? Gold intercepted in every drill hole
    ? Mineralised gold zone open along strike and at depth
    ? 200 metre strike length, is up to 75 metres wide and to depth of 80 metres
    ? 9 RC drill holes for 1,131 metres were drilled on three lines 100 metres apart
    ? Significant gold intercepts (at 0.5 g/t Au cut-off) include:
    ? 16 metres @ 2.06 g/t Au from 48 metres, including 8 metres @ 3.27
    g/t Au (13GYRC0004)
    ? 4 metres @ 7.70 g/t Au from 56 metres, (13GYRC0005)
    ? 12 metres @ 1.27 g/t Au from 44 metres, including 4 metres @ 2.28
    g/t Au (13GYRC0008)
    ? 8 metres @ 1.73 g/t Au from 88 metres (13GYRC0003)
    2
    Gold Road Resources Limited (Gold Road or the Company) (ASX: GOR) is pleased to announce that it
    has discovered a new trend of gold mineralisation in the first-pass RC drilling program on the Dorothy
    Hills trend, at both the Gruyere structural target and the YAM14 Redox target, within its 100%-owned
    Yamarna Gold Belt, located in the Eastern Goldfields of Western Australia (Figure 1).
    Gruyere and YAM14 are the first targets at the Dorothy Hills trend to be RC drill tested.
    The discoveries are approximately nine kilometres apart and appear to confirm the potential of the
    Dorothy Hills trend for further significant gold deposits (Figure 2).
    The Gruyere zone of mineralisation, which is open ended, is interpreted to have at least a 400 metre
    strike length, up to 165 metres wide and to a vertical depth of 88 metres. YAM14 is also an open ended
    mineralised gold zone over a 200 metre strike length, up to 75 metres wide and to a vertical depth of 80
    metres.
    Gold Road’s Chairman Ian Murray said, “The Dorothy Hills trend is an exciting new gold discovery area
    for the Company and we are very encouraged with the width of the gold systems discovered at both
    Gruyere and YAM14 targets. We have not seen these types of wide gold intercepts before on the
    Yamarna Belt and this opens up the Belt for new styles of gold mineralisation.
    The success of this initial program warrants further drilling. A second RC drilling program will commence
    shortly at both Gruyere and YAM14.
    Our regional targeting strategy to discover multi-million ounce deposits highlighted both the Gruyere and
    YAM14 targets, together with around another 40 priority structural and Redox targets within our ~5,000
    km2 tenement holdings. We are very excited that the first-pass RC drill program at our first two targets
    has discovered significant gold mineralised zones and we look forward to drill testing further prioritised
    targets”.
 
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