NTM Gold Ltd (ASX: NTM) has provided an exploration update for its wholly-owned Redcliffe Gold Project located near Leonora, Western Australia, where reverse circulation drilling across a number of prospects has returned good results from a number of areas. The recently completed RC drilling targeted a number of prospects following up the highly successful 2018 aircore campaign, testing the depth extents of the shallower mineralisation intersected in the aircore.
NTM Gold Ltd (ASX: NTM) has provided an exploration update for its wholly-owned Redcliffe Gold Project located near Leonora, Western Australia, where reverse circulation drilling across a number of prospects has returned good results from a number of areas.
HIGHLIGHTS
· Excellent grades returned from recent RC drill program testing depth extensions.
· Results include:
14m @ 2.96 g/t Au, incl. 2m @ 6.79g/t Au and 2m @ 6.00g/t Au at Redcliffe East;
2m @ 4.67 g/t Au at Hub; 2m @ 2.38 g/t Au at Hub; and
1m @ 8.43 g/t Au at Bindy North.
· Mineralisation remains open at depth.
· Diamond drilling underway, aircore drilling to follow shortly.
The recently completed RC drilling targeted a number of prospects following up the highly successful 2018 aircore campaign, testing the depth extents of the shallower mineralisation intersected in the aircore.
The program returned some excellent results and has further validated NTM’s targeting, with some outstanding gold grades intersected at depth. Other than at the Hub, this was the first RC drilling at the Redcliffe East and Bindy North Prospects.
Better results include:
Redcliffe East
14m @ 2.96 g/t Au from 122m, incl. 2m @ 6.00 g/t Au and 2m @ 6.79 g/t Au.
Hub
2m @ 4.66 g/t Au from 93m and 2m @ 2.38 g/t Au from 40m.
Bindy North
4m @ 2.47 g/t Au from 178m incl. 1m @ 8.43 g/t Au.
NTM Gold Managing Director Andrew Muir commented: “This latest RC drilling continues to highlight the significant potential of the Redcliffe Gold Project, with good grades at a number of different prospects.
“Furthermore, the mineralisation at all of these prospects remains open at depth and requires significantly more drilling, which we intend to undertake in the coming months.
“In the meantime, extensional diamond drilling is underway, testing a number of deposits at depth.
“In addition, another aircore program is planned to commence soon to test a number of early stage targets, hopefully replicating the success of the 2018 aircore drilling that confirmed new prospects including the Hub.”
