Western Australian gold explorer BMG Resources (ASX: BMG) today reported that assay results from the most recent aircore drilling program at the company’s 100% owned Abercromby gold project, located in the Agnew-Wiluna greenstone belt of WA, have grown existing regional gold anomalies. Planning is underway to define follow-up work programs, including drilling.
At the Capital deposit, extensional diamond drilling continues 24/7, first assay results are expected imminently.
HIGHLIGHTS:
- Significant exploration targets further defined by latest aircore drilling in underexplored areas of the Abercromby project
- Extensive supergene mineralisation encountered in these areas hint at possible repetitions of the high-grade Capital deposit
- +100ppb Au signature immediately south of planned extensional diamond holes at Capital provides encouragement for a further southerly extension of the high-grade Capital gold mineralisation
- Emerging affinities of gold anomalism with SAM signatures share parallels with known mineralisation at Capital, compelling further work
- Diamond drilling program at Capital is successfully delineating extensions to the known lodes and is scheduled to finish in early September, with initial results expected in the coming weeks
The results are from regional Aircore drilling completed to the south of the Capital deposit in May and June 2022, following up on prospective positions delineated by BMG’s maiden aircore program in February.
The aircore drilling broadly tested a number of targets generated by the SAM survey completed in December 2021. The SAM survey identified an extensive strike of SAM anomalism trending from the known gold-bearing structures at Capital into areas to the south where little or no drilling had taken place.
A total of 20 highly anomalous (+200ppb Au) results were encountered in 19 separate holes, providing compelling impetus for BMG to expand its work program at Abercromby to include these greenfield areas.
BMG Managing Director Bruce McCracken said,
“The follow-up aircore program continues to achieve our strategic aim of generating a pipeline of greenfields targets that have potential to deliver a new discovery to complement the high-grade Capital deposit.
“This regional program has added to the three primary gold anomalies at Abercromby – Capital South, Barrack and Archer – paving the way for the next phase of exploration drilling to further scope the potential at these targets.
“At Capital itself, the extensional diamond drilling is progressing well, and we look forward to reporting assay results from this important program soon.”
