Deep drilling delivers for Gold Road

THE DRILL SERGEANT: Gold Road Resources has hit a fairly substantial intercept of 13 metres down the hole (~4 metre true width) at 40.1 grams per tonne gold from 426 metres or 5 metres at 104 g/t gold, including 1 metre at 480g/t gold.

The interception was recorded from the deepest hole drilled to date at the company’s Central Bore project located in the Yamarna belt, approximately 150 kilometres east of Laverton on the eastern edge of the Yilgarn Craton.

According to the company announcement the intercept is approximately 400 metres below surface and 75 metres below the previous deepest gold intercept in the shoot.

“Abundant visible gold was panned off from the mineralised samples,” Gold Road said in the announcement.

“It is believed that the preliminary result from the best intercept (greater than 1,000 grams per tonne gold) might indicate a presence of coarse gold.”

The current RC drilling program being carried out by Gold Road has completed eight out of 50 holes at the Central Bore deposit.

The program has been designed to better define the extent of the mineralisation along strike and at depth.

Gold Road plans to drill in excess of 100,000 metres throughout 2011, focussing primarily on Central Bore, Justinian, Hann and Attila as well as new gold targets.

Currently all three drill rigs (one RAB and two RC) are located in close proximity at the Central Bore and Justinian projects.