Ausgold Commences Katanning RC Drilling

THE DRILL SERGEANT: Ausgold (ASX: AUC) has kicked off a major reverse circulation (RC) drilling program at the company’s 100 per cent-owned Katanning gold project (KGP), located in the south-west region of Western Australia.

Ausgold said the 24,000 metre RC program is designed to target mineralisation within a 10 kilometre radius of the KGP resource area.

“The initial phase of RC drilling will test strike extensions of the Jinkas deposit as well as new targets generated through the re-interpretation of historical exploration data and the recent round of air core (AC) drilling and ground-based geophysics including gravity and moving loop electro-magnetic (EM) surveys at Jackson-Olympia, Jinkas, Lukin and Fraser,” Ausgold said in its ASX announcement.