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Transaction Announcement Reports
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Project: | Black Flag | |
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Deposit: | Black Flag | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 11/8/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 8-11-2019: DGO Gold Ltd. announces an Exploration/Drilling Update report for its Black Flag deposit at the Black Flag project. Drilling results incl. 8m @ 2.23g/t Au from 60m. DGO Gold Limited (ASX code: DGO) is pleased to announce that follow up reverse | |
Resources: | x | |
CP/QP: | [Overall Report]: David Hamlyn (Internal) | |
ABSTRACT: | DGO Gold Limited (ASX code: DGO) is pleased to announce that follow up reverse circulation drilling conducted on the Company’s Black Flag tenements located approximately 20 kilometres northwest of Kalgoorlie in Western Australia’s Eastern Goldfields has intersected significant gold mineralisation of 8m @ 2.2g/t from 60m including 1m @ 16.3g/t Au from 60m. The four hole program totalling 459 metres of drilling tested for extensions to the intersection of 4m @ 7.5g/t from 116m announced on October 22nd. The mineralisation is within interpreted extensions of the mineralised structural corridor extending from Horizon Minerals Limited’s (HZR) Teal Well mine site, through First Au Limited’s (FAU) Gimlet gold resource project and into DGO’s Black Flag tenements. The program was successful in intersecting a significant result in hole BFRC0014 of 8m @ 2.2 g/t from 60m including 1m @ 16.3g/t Au from 60m depth. The mineralisation is associated with sulphide (pyrite) rich sheared intermediate volcanics. Drilling 80m north and south along the NNW trend also intersected zones of mild sulphide mineralisation in the volcanics with a best result of 1m @ 0.33g/t Au recorded (refer Table 2). A diamond drill rig is currently drilling to test the vertical extent and structural orientation of the identified mineralisation. Results from the diamond drilling are expected in December. | |
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