Western Australian gold explorer BMG Resources Limited (ASX: BMG) has announced that assays from the Company’s recent diamond drilling (DD) program at the Abercromby Gold Project have delivered another excellent batch of gold results, significantly adding to the known mineralised envelope at the Capital Prospect which remains open at depth and along strike.
HIGHLIGHTS
- Diamond drilling continues to define high-grade gold at the Capital Prospect – both at depth and along strike – more than doubling the mineralised envelope and substantially enhancing the resource potential
- New significant intersections of thick, high-grade gold include:
- 31m @ 6.18g/t Au from 162m (20ABRC0002), and part of a broader 77m @ 2.99g/t Au from 116m
- 10m @ 11.71 g/t Au from 295m (21ABDD004)
- 13.8m @ 6.56 g/t Au from 446m (20ABRC0002)
- 24m @ 1.97g/t Au from 101m (21ABRC003)
- 39m @ 1.35 g/t Au from 205m (21ABDD001)
- Drill hole 21ABDD004 was completed 250m south of known mineralisation at the Capital Prospect and intersected 10m @ 11.71g/t Au from 295m, demonstrating significant strike extension potential to the East Lode
- Drill hole 21ABDD003 intersected 13.8m @ 6.56 g/t Au from 446m confirming a deep southern highgrade plunge to the West Lode
- Drill hole 21ABDD005, a deep hole (660m) completed under the main Capital zone, intersected 38m @ 0.5g/t Au from 309m and 2.55m @ 1.64g/t Au from 633m, confirming strong prospectivity for the broader system to continue at depth
- Other assays confirm some very wide intercepts punctuated by very high gold grades, adding to the known mineralised envelope at the Capital Prospect which remains open at depth and along strike. This included 20ABDD002 intersecting 31m @ 6.16g/t Au from 162m, as part of a broader zone of 77m @ 2.99g/t Au from 116m.
- The results from the 10,300m Aircore Program (AC) completed in February 2022 to the south of Capital – testing key structures identified by the SAM survey – are expected to be available shortly.
BMG Managing Director Bruce McCracken said: “It’s now well and truly game on at Abercromby. In one single program, we have more than doubled the likely size of the deposit, intersected extremely high-grade gold in fresh rock, and proven the system is fertile at depth via the deepest drilling undertaken at the Project to date.
“Our geological and grade models have again successfully targeted mineralisation at or very close to predicted locations, with extrapolation holding true at distances in excess of 250m. The nature and style of mineralisation is becoming well recognised, and the Company is in a great position to leverage further success with the drill bit from here.”
