Talga Gold scores more high-grade hits

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THE DRILL SERGEANT: Talga Gold has received final one-metre assay results from a 35-hole Reverse Circulation (RC) drilling exploration program at the company’s 100 per cent-owned Talga Talga gold project in the Pilbara region of  Western Australia.

The 2,626 metre drill program was conducted at the McPhees and Quartzite prospects with drilling designed to explore for a larger zone of gold mineralisation extending along strike and down dip from historic workings and previous RC drilling.

The program consisted 29 drill holes being completed at McPhees, ranging in depths from 24m to 160m downhole depth.

 

McPhees prospect drillhole location plan with selected 2010 and 2011 drill intercepts highlighted. Source: Company announcement

The Quartzite prospect located 1400m northeast from McPhees was subjected to a further six scout drill holes.

Best assay results received included:

–    1 metre at 35.0 grams per tonne gold from 56 metres downhole; and

–    1m at 18.5 g/t gold from 24m downhole.

“The most significant outcome of the program is that drill results have successfully demonstrated gold mineralisation extends for a further 100 metres along strike of where the company intersected high grades in 2010,” Talga Gold said in its announcement to the ASX.

Talga said the gold mineralisation returned from the drilling at McPhees occurs in a higher stratigraphic position than the main target vein, and as such represents a new parallel gold target at the prospect.

The company said the results from Quartzite are also encouraging as they occur a further 1400m along strike.

“The McPhees mineralisation extends at shallow depth, as the gold lodes dip at low angles (35-40°) from surface,” Talga said.

“The shallow depth makes bulk sampling an option to further advance the project.

“Preliminary metallurgical studies on the drill samples will now commence to better understand the nature and grade of the gold mineralised zones defined to date.

“Should the results of the preliminary metallurgical work be positive; studies towards bulk sampling will be assessed.”

The company has also received results of a soil geochemical survey completed over the remainder of the Talga Talga project.

This has identified a number of strong gold anomalies, mostly along strike of the McPhees and Quartzite prospects.