Ardea Resources Set to Drill at Mulga Plum Gold Deposit

THE DRILL SERGEANT: Ardea Resources (ASX: ARL) reported that rock chip sampling of old workings spoil and sporadic outcrop at the company’s Mulga Plum gold prospect in Western Australia has confirmed gold mineralisation over an area of at least 200 square metres.

Ardea Resources identified the mineralisation as mostly vein-hosted, up to 17.1 grams per tonne gold in selective quartz lode material.

The company said from all the rock types assessed it achieved an average grade of 1.8g/t gold for all samples taken, which it interpreted to suggest bulk tonnage potential from what is a dominantly granite host.

Ardea explained it is evaluating Mulga Plum as a bulk-tonnage gold system as part of its broader aim to prove up and mine gold from its suite of projects near the Goongarrie nickel cobalt project (GNCP) in WA.

“The results confirm historic grab sample results in government archives recording similarly high-grades in quartz veining within the granite and bimodal volcanic sequence at Mulga Plum,” Ardea Resources said in its ASX announcement.

The company indicated it would now proceed with first pass drill evaluation of the project covering both Mulga Plum and Plum Pudding prospects comprising 26 angled RC holes for 1,420m of drilling.

“This initial program will provide adequate data to assess the bulk gold mineralisation potential at depth, to determine the controls on gold mineralisation and potential project scale,” the company said.

“Positive evaluation of the Mulga Plum project following this first round of drilling will prompt additional drilling in these inaccessible areas that will require some earth moving for rig access.

“A second phase of drilling will most likely also test lateral and depth extensions should mineralisation prove to be open in any direction.”