Westgold Resources has revealed strong drill intercepts from the Great Fingall gold mine, including a hit of 547 grams per tonne (g/t) gold across 3.03m.
The latest drilling at Great Fingall targeted shallow areas hosting remnant sections of the Great Fingall Reef, including high grade reef selvedges and flat lying reefs in the footwall, known as the Fingall Flats.
The gold miner said the shallow areas of Great Fingall are an opportunity for potential early production, with the new decline advancing to the virgin parts of the Great Fingall Reef at depth.
“All these structures are significantly mineralised and require minimal development capital to extract due to the existing decline’s close proximity,” Westgold said.
Recent drilling intercepts recorded at the Fingall Flats area includes:
- 3.03m at 547g/t of gold (Au) from 204.87m in hole 24GFDD022
- 17.05m at 8.88g/t Au from 114m in hole 24GFDD013
- 6m at 22.13g/t Au from 43m in hole 24GFDD014
- 13.92m at 7.01g/t Au from 125m in hole 24GFDD015
- 20.6m at 4.34g/t Au from 59.4m in hole 24GFDD014
- 7.6m at 5.14g/t Au from 5.4m in hole 24GFDD016.
“The Fingall Flats represent an early, shallow mining opportunity that could be executed in parallel to advancing the new Fingall decline to the deeper and virgin parts of the iconic Great Fingall Reef,” Westgold managing director and chief executive officer Wayne Bramwell said.
“The 3.03m at 547 g/t Au drill interval is spectacular and these latest results have extended the high-grade flat structures mined by historic operators below their previously interpreted base.
“A drill platform for final grade control of the Fingall Flats area is being designed now with Westgold targeting access into this area in Q4 FY24 (the fourth quarter of the 2023–24 financial year) and first production expected early in FY25.”
The Great Fingall drilling campaign will continue to drill the remaining Great Fingall Reef material in the near surface environment, before returning to grade control drilling of the Fingall Flats and selvedge area once a suitable drill platform is developed.
The strong results follow Westgold announcing its $1.2 billion merger with WA gold miner Karora Resources last month.
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