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Bardoc Gold Ltd.
Summary
| Project: | Kalgoorlie North | |
|---|---|---|
| Deposit: | Zoroastrian | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 2/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 12-2-2019: Bardoc Gold Ltd. announces an Exploration/Drilling Update report for its Zoroastrian deposit at the Kalgoorlie North project. Drilling results incl. 19.07m @ 6.38g/t Au from 296.93. Resource extension and upgrade drilling programs commenced at | |
| Resources: | (Resource, I+I): 6.244Mt @ 2.1g/t Au for 428Koz Au contained at Zoroastrian | |
| CP/QP: | [Overall Report]: Bradley Toms (Internal) | |
| ABSTRACT: | Resource extension and upgrade drilling programs commenced at the Zoroastrian South and Blueys South deposits during the December quarter, as part of the Company’s strategy to expand and upgrade the existing Resources within the newly-consolidated Bardoc Gold Project. Results have now been received for the first four holes of the program and are reported in this announcement. Following completion of this program, the rig has moved to the high-grade Mulwarrie deposit (located 10km north of the Davyhurst mining centre and 65km from Bardoc), to complete three diamond holes designed to upgrade the Resource category to Indicated. Bardoc Gold Managing Director, Mr John Young, said the successful drilling program followed the application of a new geological model based on the analysis of historical datasets and the application of state-of-the-art computer modelling. “We have been able to transform our thinking about the Zoroastrian deposit compared with the original interpretation based on limited open pit mining undertaken at the deposit by Excelsior Gold,” he said. “This recent work has allowed us to successfully define and explore the target host dolerite unit at depth, resulting in a decision to change the angle of our drilling in order to intersect all of the mineralised lodes at depth, within the favourable host dolerite. “This is a very exciting development, which suggests that this deposit could well and truly open up downplunge with multiple high-grade lodes. In light of this, we have decided to extend the current drilling program in order to lay the foundations to expand the Bardoc Resource in this area.” | |
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