Diamond drilling at Spartan Resources’ Pepper gold deposit in Western Australia has delivered a new project record drill hit for the company.
Initial assays from the drilling has confirmed consistent high-grade gold mineralisation between the initial discovery and the definition intercepts from July.
The Pepper deposit sits within the wider Dalgaranga gold project.
Spartan interim executive chair Simon Lawson said the results would help inform the company’s well-established drilling strategy.
“From discovery, Pepper has returned some of the best drill intercept assays seen at Dalgaranga including several top-20 project intercepts,” Lawson said.
“Our focused push for indicated ounces at Pepper with two dedicated diamond drill rigs is aimed at delineating additional higher-confidence ounces for conversion to ore reserves, as we work towards our PFS (feasibility study) and FID (final investment decision) targets.
“Pepper high-grade ounces supplement those defined at Never Never and will further strengthen our goal of establishing a long-life, sustainable and profitable mine plan for Dalgaranga.”
Spartan has had a strong year so far at Dalgaranga, revealing assays the company has described as “exceptional” throughout the year.
Dalgaranga’s Never Never deposit has also made great progress, with Spartan recently uncovering some of the best assays to date.
“With the Never Never gold deposit we have really shown what can happen with a change in mindset and the more recent discovery of the Pepper gold prospect has demonstrated that we are really onto something very special in this under-explored greenstone belt,” Lawson said.
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