Sunshine Gold Encounters High Grade Gold Intercepts in Triumph Southern Corridor

THE DRILL SERGEANT: Sunshine Gold (ASX: SHN) reported on recent drilling undertaken on the Southern Corridor within the company’s Triumph gold project in Queensland.

Sunshine Gold completed an 84-hole campaign, from which initial results have already delineated extensions to known mineralisation in the Southern Corridor.

Initial results from 23 holes of extensional drilling have been returned and include:

21SCRC004
4 metres at 11.71 grams per tonne gold from 16m;

22NCRC022
2m at 16.18g/t gold from 98m; and

21NCRC013
3m at 10.41g/t gold from 161m.

Sunshine indicated the results are to be included in the maiden JORC Resource, expected to be released in March 2022 at which time assays are expected for the remaining 61 holes of both infill and extensional drilling.

“The first results from the Southern Corridor drilling are encouraging,” Sunshine Gold managing director Damien Keys said in the company’s ASX announcement.

“The results received are for extensional drilling, of which some are likely to make it into the March 2022 JORC Resource.

“Intercepts from areas where extensional drilling needs to be infilled, will be drilled in mid-2022 and incorporated into subsequent Resource releases.

“As interpreted, veins of different orientations coalesce into one mineralised network.

“It is our interpretation that this is indicative of the entire Southern Corridor – a network of interconnected mineralised veins, that in due course have the potential to form a large system.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@shngold.com.au

 

Web: www.shngold.com.au