Drilling & Geophysical programmes to commence
MOUNT VENN GOLD PROJECT
DRILLING & GEOPHYSICAL PROGRAMMES TO COMMENCE
- Drilling and ground geophysical programmes to commence
- RAB/Aircore and RC drilling planned to further test and extend extensive gold mineralisation discovered at the Three Bears prospect
- Previously reported intercepts at Three Bears included; 12m @ 1.19 g/t, 40m @ 0.36 g/t Au & 36m @ 0.47 g/t Au
- Ground based Dipole-Dipole Induced Polarisation (IP) geophysics planned to test thick Zinc mineralisation discovered at the Rutters prospect. Mineralisation occurs within a felsic volcanic pile with pervasive pyrite – potential for VMS style base metal mineralisation
- Previous shallow drilling at Rutters included intercepts of; 39m @ 0.23% Zn, 40m @ 0.12% Zn & 13m @ 0.25% Zn
- RC drilling planned at Three Bears and Rutters following target definition from the geophysical programme
- Additional RAB drilling planned over new targets