NTM Gold Ltd (ASX: NTM) has resumed aircore drilling as it continues an aggressive exploration program at its 100% owned Redcliffe Gold Project located near Leonora, Western Australia. The aircore campaign follows on from the highly successful 2018 aircore work that returned multiple +1g/t Au intersections from six targets and identified the exciting Hub prospect.
NTM Gold Ltd (ASX: NTM) has resumed aircore drilling as it continues an aggressive exploration program at its 100% owned Redcliffe Gold Project located near Leonora, Western Australia.
The aircore campaign follows on from the highly successful 2018 aircore work that returned multiple +1g/t Au intersections from six targets and identified the exciting Hub prospect.
HIGHLIGHTS
· NTM has begun the latest aircore campaign at the Redcliffe Gold Project.
· The aircore is targeting a number of new prospects.
· Initial focus will be to the north of the exciting new Hub discovery.
· Diamond drilling continues, with a second hole at Hub.
· RC drilling program will commence in May.
This latest aircore campaign will comprise approximately 8,000m of drilling across the Redcliffe Project, including at the Hub North, Nambi North, Infinity and Aliso prospects.
The bulk of the drilling will focus on an 800m gap to the north of the recent Hub discovery, which has never been drilled. The Hub mineralisation was identified during the 2018 aircore program by NTM with initial intersections of 7m @ 4.7g/t Au, 10m @ 2.7g/t Au and 5m @ 4.66g/t Au (refer ASX announcement 17 October 2018).
Mineralisation has since been identified at depths of more than 250m downhole in RC drilling. The aircore program will also follow up previous intersections at Infinity and Aliso as well as testing structural targets at Nambi North. The diamond drilling at Redcliffe is ongoing, with holes completed at Nambi, Bindy, GTS and Hub.
The rig is currently drilling a second core hole into the Hub, the final hole of the diamond program.
NTM Gold Managing Director Andrew Muir commented: “Our aggressive exploration program of Redcliffe continues, with the resumption of aircore drilling to target new deposits.
“This program is in parallel to our diamond and RC drill campaigns that are aimed at expanding existing deposits and drilling out recent discoveries.
“The ongoing drilling should result in regular exploration results news flow over the next few months as NTM continues to deliver value for shareholders.”
