Doray completes drilling Wilber

THE DRILL SERGEANT: Doray Minerals has completed its December resource upgrade drilling program for the Wilber Lode located within the company’s Andy Well project (Doray 80 per cent).

A number of the recent holes returned high-grade gold intersections outside the current resource.

The Andy Well project is located approximately 45 kilometres north of Meekatharra, in Western Australia’s Murchison Region.

Doray announced the discovery of the Wilber Lode in March this year and considers it to be amongst the highest grade undeveloped gold deposits in Australia.

The company is currently working towards upgrading the resource by the end of 2011 while at the same time conducting a number of development activities to bring the project into production.

A total of 43 diamond holes and 25 RC holes have been completed as part of the current resource upgrade drill out and have tested the mineralised Wilber Shear Zone over approximately 600 metres of strike and down to a depth of almost 400 metres below surface.

 

Long Section of the Wilber Lode deposit, highlighting recent results. Source: Company announcement

The company has been encouraged by the receipt of high-grade results for a number of the RC holes, including several holes testing the structure to the south of the cross-cutting dolerite dyke and down to approximately 150m below surface.

Several of these holes have returned consistent thickness and grade, including:

–    1m at 34.1 grams per tonne from 120 metres;
 
–    1m at 21.4g/t from 137m;

–    1m at 31.9g/t from 26m;

–    1m at 49.8g/t from 36m;

–    1m at 21.2g/t from 86m; and

–    1m at 26.5g/t from 164m.

A number of diamond holes have also returned high-grade gold results outside the current resource, including:

–    2.1m at 11.2g/t from 264.9m;

–    0.8m at 36.2g/t from 316.4m;

–    1.8m at 16.7g/t from 367m;

–    0.5m at 32.3g/t from 322.9m; and

–    0.7m at 36.9g/t from 352.2m.

“Once the remaining drilling data has been compiled, the data will be processed with a view to releasing the upgraded resource by mid-December,” Doray Minerals said in its ASX announcement.

“Drilling continues at Andy Well with a number of further extensional holes and holes testing other high priority targets, including a potential northern extension to the Wilber Lode, being completed over upcoming weeks.”