Drilling Program is currently being designed to increase the current JORC Resource - Targeting Northern Zone and Main Central Mineralised Zone
HIGHLIGHTS
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Independent Maiden JORC 2012 Inferred Mineral Resource for the Mt Dudley Deposit has yielded 882,636t @ 1.03 g/t Au containing 29,238 oz Gold.
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Project is situated within the world class province of the Lachlan Fold Belt in NSW.
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Mt Dudley Gold Deposit current mineralised model has a strike length over 630m by 30m in width and extending down 95 vertical metres with mineralisation remaining open to the north and at depth.
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Multiple 5-6m thick gold lodes form a package of up to 30m thickness which dips at 65 degrees towards the west. The mineralization is not closed off at depth.
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The gold mineralisation is closely associated with intense altered silicified felsic volcanoclastics within quartz veining and disseminated sulphides.
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Mineralisation envelopes of gold vary from 1m up to 13m true thickness with the gold mineralisation striking in north-south direction.
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Significant gold intersections include:
- Drillhole MD1: 20m @ 1.47 g/t Au from 39m
- Drillhole MD9: 6m @ 2.96 g/t Au from 41m
- Drillhole AMD01: 12m @ 2.25 g/t Au from 16m
- Drillhole AMD05: 8m @ 1.46 g/t Au from 18m
- Drillhole AMD13: 10m @ 1.05 g/t Au from 36m
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Follow-up extensional resource drilling is required in the north and south portion of the main gold mineralisation zone to increase the current resource tonnage and grade.
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Currently, four (4) soil gold geochemical anomalies remain untested to the east of the current resource area which may potentially yield undiscovered mineralised gold-quartz lodes
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