BMG Resources Extends High-Grade Gold at Abercromby

THE DRILL SERGEANT: BMG Resources (ASX: BMG) will approach the RIU Sydney Resources Roundup with a spring in its step following the release of assay results from recent diamond drilling at the company’s Abercromby gold project in Western Australia.

BMG declared the drilling to have, “delivered another excellent batch of gold results”, which has added to the known mineralised envelope at the project’s Capital prospect that remains open at depth and along strike.

Results from the latest drilling, include:

31 metres at 6.18 grams per tonne gold from 162m, including 1m at 181.94g/t gold from 191m, and part of a broader 77m at 2.99g/t gold from 116m;

10m at 11.71g/t gold from 295m, including 1.17m at 23.84g/t gold from 295.4m and 2m at 44.54g/t gold from 304m; and

13.8m at 6.56g/t gold from 446m, including 1m at 86.02g/t gold from 446m.

BMG said the recent assays had built upon previous results achieved by its RC program by confirming extensions to multiple high-grade mineralised zones at the Capital prospect at depth and along strike – one of the primary goals for the current program.

Mineralisation at the Capital prospect has several primary north-west trending mineralised shear zones (lodes) that contain internal plunging high-grade gold shoots.

The latest drill results have continued to define these mineralised zones, the West Lode and East Lode, as well as a Hangingwall Lode to the east.

In addition, there are indications that there are further mineralised zones in the Capital area, in the footwall of the West Lode.

“It’s now well and truly game on at Abercromby,” BMG Resources managing director Bruce McCracken said in the company’s ASX announcement.

“In one single program, we have more than doubled the likely size of the deposit, intersected extremely high-grade gold in fresh rock, and proven the system is fertile at depth via the deepest drilling undertaken at the project to date.

“Our geological and grade models have again successfully targeted mineralisation at or very close to predicted locations, with extrapolation holding true at distances in excess of 250 metres.

“The nature and style of mineralisation is becoming well recognised, and the company is in a great position to leverage further success with the drill bit from here.”