Primary Gold encounters further high-grades at Toms Gully

THE DRILL SERGEANT: Primary Gold (ASX: PGO) has received assay results from the first nine holes to be drilled of an ongoing program at the company’s 100 per cent-owned Toms Gully gold project.

The Toms Gully gold project is located approximately 90 kilometres southeast of Darwin in the Northern Territory.

Highlights from the recently received results include:

1.25 metres at 15 grams per tonne gold, including 0.5m at 24.4g/t gold and 0.45m at 14.6g/t gold (all within 4.1m at 5.3g/t gold);

0.45m at 6.1g/t gold; and

1.05m at 7.6g/t gold.

 

Drill intercepts, Toms Gully project. Source: Company announcement

 

The company said it was pleased with the high-grade results, adding it considers them to support its geological and resource models.
 
“The Toms Gully gold mineralisation is showing a reasonable degree of predictability which bodes well for further resource extension work,” Primary Gold managing director Clay Gordon said in the company’s announcement to the Australian Securities Exchange.

Primary Gold explained the gold mineralisation at Toms Gully to be hosted in a shallow dipping, sulphide-rich, quartz reef with grades ranging from 3g/t gold to 30g/t gold and forming distinct high-grade zones.

The company said the high-tenor mineralisation tends to occur within an approximate 350m wide corridor defined by two parallel faults.

Within this corridor, continuity of the reef structure and grade has been demonstrated by mining, drilling and resource estimates over a length of approximately 1.5 kilometres.

The corridor is open down dip and is the target of the current drilling program.

Email: info@primarygold.com.au

Website: www.primarygold.com.au