10 November 2016
Gold Deposit just keeps getting better!
Quartz Zone delivers high grade gold drill results, assays include:
Substantial Gold Grades in Drilling Extend Mineralised Zone
Drill hole ERC16-29 and ERC16-30 drilled 30 metres northwest of ERC16-31, ERC16-32 and ERC16-33 has intersected substantial gold mineralisation both within the quartz reef and alteration halo. The above results follow on from the previous assay results of:
Visible Gold at Surface Supports High Grade Drilling Intersections at Depth
Drilling at depth has confirmed the visible gold identified in surface outcrops of quartz veining.
The Quartz Zone outcrops at surface in all six road cuttings completed and visible gold has been identified in rock samples at surface in all six road cuttings over an elevation range of 140 metres to date.
The quartz zone has been mapped and extends at least 450 metres along strike and is open in both directions.
Drilling is Ongoing and Assays for Several Holes are Pending
Assay results for a further nine holes are pending. Drilling is ongoing.
For further information, please see the link below to today’s ASX announcement.