WPG Resources
(ASX:WPG) is pleased to report the initial assay results from its diamond drilling program which was completed at the end of November 2014 at its 100% owned Tarcoola gold project (Figures 1 & 2) in South Australia’s Gawler Craton.
Results highlight: Drill Hole TAD 008 intersected 6.50m (true width) @ 8.77 g/t gold, including 1.70m @ 24.61 g/t gold.
Five PQ diamond holes (see Figure 2) for a total of 389.3 metres were drilled to collect material for the completion of metallurgical testwork. The deepest holes were just over 90 metres.
Selected mineralised core will now be sent for metallurgical testing to develop and optimise heap leach metallurgical and process design flow sheets for the project. The work will lead to detailed design of crushing, conveying and stacking options, design of leach pads and ponds as well as feasibility level capital and operating cost estimates for detailed evaluation of the project’s economics.
For further information please download PDF attached:
