Mining, Metals and Money

In-depth mining, gold, nickel and market insights

22 November 2016

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New RC drilling intersects spectacular gold grades:

  • 11 metres at 15.2 g/t gold intersected in RC drilling including:
    • 1 metre at 5 g/t gold
  •  66 metres at 0.91% copper including:
    • 2 metres at 08% copper within;
    • 18 metres at 1.85% copper and;
    • Hole ends in copper mineralisation

High Grade Gold Intersections in RC Drilling Extend Mineralised Zone

Drill hole ERC16-34 and ERC16-35 drilled 50 metres southeast of ERC16-31, ERC16-32 and ERC16-33 has intersected substantial gold mineralisation both within the quartz reef and alteration halo. The above results and previous assay are summarised below:

wcn_table1_221116

Visible Gold at Surface Supports High Grade Drilling Intersections at Depth

The Quartz Zone outcrops at surface in all road cuttings completed and visible gold has been identified in rock samples at surface in all road cuttings over an elevation range of 140 metres and surface distance of 243 metres to date.

Drilling Continuing – Final drill holes underway

In addition to the above results, drilling has been completed at a further two sections (sections 2970 and 2920) where the mineralised quartz vein has been intersected. The final holes to be drilled this year will be on section 2920 at the south-eastern end of the Quartz Zone.

For further information, please see the link below to today’s ASX announcement.

ASX Announcement