Highlights
- Three of four planned drill holes were completed at the Bristol target using RC pre-collars and diamond core tails, for total of 772.4m.
- The three drill holes intersected graphite bearing rocks containing variable pyrrhotite content up to 1% within the electromagnetic conductor target zone.
- The central graphite zone comprises a graphite bearing unit with an estimated 10m true thickness. Graphite bearing rocks were intersected in each hole with visual estimates of the graphite contents ranging from 20-50%. The graphite is generally medium to coarse grained and appears to be continuous in the area tested by drilling.
- The sulphide mineralisation comprises mostly pyrrhotite which occurs as disseminated zones, blebs and thin veinlets. Reconnaissance XRF analysis indicates the pyrrhotite contains low level copper and zinc values up to 0.12% and 0.2% respectively. Minor visible chalcopyrite is present within some of the larger pyrrhotite clots.
- The target zone area displayed evidence of strong hydrothermal alteration with silica flooding and quartz veining, albite, sericite and variable sulphide alteration and these zones will be analysed for precious metals.
- Forge will complete assay and metallurgical test work on the graphite bearing rocks and will assess other basement targets within the project.
Forge Resources Ltd ("Forge", ASX:FRG) announces completion of drilling at the Bristol anomaly within the Eucla West Project near Balladonia in Western Australia. The project area is in the highly prospective Albany-Fraser Orogen approximately 40km south of Sirius Resources Ltd's recently discovered Nova nickel deposit.
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