Lena, Break of Day and Mainland are not part of the Evolution Joint Venture.
Musgrave Managing Director
The RC drill programs at Lena, Break of Day and Mainland consisted of a combined 29 holes for 3,568m. The final assays for this drilling have now been received with high-grade results across all three prospect areas.
Lena
Drill hole 19MORC039 was drilled at the northern end of Lena as an infill hole to confirm the high-grade shoot within the current resource and intersected two zones of mineralisation. The hole intersected gold near surface with 5m @ 2.7g/t Au from 2m within a broader interval of 12m @ 1.5g/t Au from 2m down hole. Further downhole assays returned 5m @ 12.1g/t Au from 82m within an interval of 46m @ 1.5g/t Au from 82m to end of hole where it remains open. This zone is also open down plunge.
Drill holes 19MORC041 and 19MORC042, drilled as infill holes at the southern end of Lena, confirmed the high-grade zone and intersected 9m @ 6.4g/t Au from 116m down hole (19MORC041) including 2m @ 22.3g/t Au from 121m. Drill hole 19MORC042 intersected 3m @ 5.4g/t Au from 113m down hole. The zone is open down plunge.
Break of Day
Drill hole 19MORC037, previously reported on
One metre individual re-samples have been received for drill hole 19MORC031, drilled to test the southern extension of Break of Day, and returned a high-grade result of 3m @ 7.2g/t Au from 128m down hole including 1m @ 17.7g/t Au from 128m confirming the southerly plunge to the high-grade shoot where it remains open at depth. Additional drilling is currently being planned at Break of Day to follow-up the new interpretation of link structures at several positions along the deposit. This drilling will commence in late
Mainland
Assay results for the final drill hole from the Mainland RC drilling program at Consols have been received, with hole 19MORC046 terminating before intersecting the mineralised zone. The mineralised high-grade gold lode is interpreted to plunge beneath drill hole 19MORC046 to the south-west and therefore remains open down plunge in this direction.
One-metre individual samples have been received for drill hole 19MORC018, and returned a highgrade result of 3m @ 38.2g/t Au from 113m down hole, including 1m @ 102.5g/t Au from 114m (previous reported 6m composites returned 12m @ 8.1g/t Au), confirming the southerly plunge to the high-grade shoot where it remains open at depth below hole 19MORC046.
Low-grade oxide mineralisation has been identified in drill holes 19MORC029 and 19MORC030 at Mainland. These areas have seen no historical drilling and further basement drill testing of the fresh rock beneath this zone of near surface weathered material is planned. Additional follow-up drilling is currently being planned at Consols and will commence in
The Break of Day, Lena and Mainland areas are excluded from the Earn-in and Exploration Joint Venture with
Discussion
The positive results at Lena confirm the geological interpretation which is showing good continuity of the high-grade shoots at depth and will further enhance the resource update expected later in Q1 2020.
At Break of Day the identification of the potential high-grade 'link-lode' structure could be significant with further drilling planned for late
At Mainland, the positive high-grade gold results at the Consols prospect remain open to the north-east, south-west and down plunge where further drilling is planned to commence in
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