THE DRILL SERGEANT: Ardea Resources (ASX: ARL) has maintained the drill result pace by reporting the intersection of shallow gold mineralisation at the company’s Mulga Plum project, northeast of Menzies in the Eastern Goldfields of Western Australia.
Ardea Resources completed first-pass drilling at Mulga Plum that has demonstrated shallow gold mineralisation appears to be associated with both flat-lying and subvertical structures throughout the historic mining area, hosted within mainly potassic altered granite.
Highlighted intercept results include:
2 metres at 1.19 grams per tonne gold from 20m and 2m at 2.96g/t gold from 42m;
2m at 1g/t gold from 18m;
2m at 1.25g/t gold from 38m;
2m at 8.84g/t gold from 14m; and
6m at 1.22g/t gold from 10m.
“Ardea is in the enviable position of having a large and highly prospective nickel and gold tenement package in the Eastern Goldfields of Western Australia,” Ardea Resources managing director Andrew Penkethman said in the company’s announcement to the Australian Securities Exchange.
“The Kalgoorlie Nickel Project tenements have historically been explored for near surface nickel-cobalt mineralisation but have seen limited modern and systematic exploration for gold and this represents a prime opportunity to define new gold targets.
“Ardea will continue to test the prospectivity of its large Eastern Goldfields land holding for gold and nickel sulphides.”