THE DRILL SERGEANT: Cygnus Gold (ASX: CY5) is set to commence drilling targeting the recently identified Kepler Zone at the company’s Stanley project in the Wheatbelt of Western Australia.
Cygnus Gold identified the Kepler Zone via a detailed review of earlier Cygnus drillhole STRC0002, drilled in late 2018 that ended in mineralisation with resampling of the original mineralised intercepts returning encouraging results.
The Kepler Zone is adjacent to Cygnus’ shallow high-grade Bottleneck gold prospect and the drilling program will initially target a metadacitic rock unit that has only been lightly tested by deeper drilling at Bottleneck.
Cygnus considers this metadacite unit to be a key stratigraphic control on the distribution of gold mineralisation in this part of the 20-kilometre-long Stanley greenstone.
The upcoming drilling will also target extensions to the McDougall South prospect further along the Stanley greenstone belt where the drilling intersected further gold mineralisation associated with a zone of anomalous gold within a structural zone along the central Stanley fold structure.
“The company is keen to test the Kepler Zone target and undertake further drilling at McDougall South over the coming weeks,” Cygnus Gold managing director James Merrillees said in the company’s announcement to the Australian Securities Exchange.
“We’re excited to be out drilling the Kepler Zone later this month.
“Our new understanding of the controls on gold mineralisation at Stanley has demonstrated a large, and previously unrecognised area of the prospective belt has never been drill tested.
“We’re also looking forward to further testing the encouraging early results from McDougall South later in the month.”