Exploration Commences At 1.5Moz Karlawinda Gold Project To Grow Resource Inventory And Advance Regional Exploration

18-Mar-2019 Intellasia | | 11:41 AM Print This Post

New exploration programs commence at Karlawinda focused on the expansion of the Bibra Gold Resource and further advancing the prospectivity of the wider Karlawinda Gold Project


7,500m of RC drilling is planned at Tramore to follow up on previous significant zones of mineralisation and support a Mineral Resource Estimate to Inferred status. Previous significant intercepts at Tramore include:

19m @ 1.51g/t from 119m (KBRC1184)

34m @ 1.07 g/t from 41m (KBRC1164)

19m @ 1.63 g/t from 78m (KBRC1176)

20m @ 1.20g/t Au from 155m (KBRC148)

17m @ 1.27 g/t from 59m (KBRC1166)

14m @ 1.63g/t Au from 184m (KBRC1061)

2,000m of exploration RC drilling is planned to test prospective exploration trends and geological and geophysical driven conceptual targets

1,900 infill soil samples are currently being collected over high-priority regional gold-in-soil anomalies in the greater Karlawinda Gold Project to develop drill-ready targets

240km2 of detailed aeromagnetics will be flown over the newly identified Archean greenstone region to identify geological and structural features consistent with the known Bibra deposit.

To view the full ASX Announcement please: click here.


(Source: FTI Consulting, Strategic Communications Perth)


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