BMG Resources Limited (ASX: BMG) today announced that it has completed approximately 2,880m of drilling at the Company’s 100% owned Abercromby Gold Project in the north-eastern Goldfields of Western Australia.
HIGHLIGHTS:
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BMG has completed its first drilling at the high-grade Abercromby gold project.
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13 drill holes completed with 635m of diamond and 2,246m of RC drilling.
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Visual indications that drilling has intersected multiple intervals of intense hydrothermal alteration characterised by quartz-carbonate-serecite veining and sulphides.
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Zones of alteration show close association with lithological contacts that are interpreted to be the likely control on gold mineralisation, providing geological insight for future targeting and drilling.
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First laboratory assays are expected in late-Jan 2021.
Abercromby is located on the Wiluna Greenstone Belt, one of Western Australia’s most significant gold-producing regions with a gold endowment of +40Moz Au, and surrounded by Northern Star Resources’ (ASX: NST) Jundee and Wiluna Mining’s (ASX: WMX) Wiluna operations.
Commenting on BMG’s first drill campaign at Abercromby, managing director Bruce McCracken said: “This successful maiden campaign by BMG – and the first drilling to be carried out at Abercromby in more than 15 years – has given us strong confidence in the potential of this high-grade project. The objective was to better understand the geology and potential continuity of the gold mineralisation at the Capital prospect.
“We look forward to receiving the assay results before incorporating them into our planning for the next round drilling at Abercromby early in 2021.”
