Doray confirms Suzie mineralisation and extends Judy

/in /by

THE DRILL SERGEANT: Doray Minerals (ASX: DRM) declared recent drilling carried out at the company’s Andy Well gold project in Western Australia has confirmed the potential for mine life extensions.

Doray said shallow RC drilling at the Suzie Zone and, what it labelled, ‘opportune’ diamond drilling at the Judy Lode, both confirmed the continuance of high-grade mineralisation at these prospects.

 

Location plan for Suzie Shallow RC drilling and Judy Deeps diamond drilling (extension to MNDD158). Source: Company announcement

 

The Suzie Zone is Doray’s third high-grade gold discovery at Andy Well and is located parallel to the Wilber and Judy Lodes, with similar host rocks and styles of mineralisation.

Early RC and diamond drilling at Suzie focussed on definition of the mineralised structure and targeting of fresh rock mineralisation primarily suited to underground mining.

The latest program of shallow RC drilling was undertaken to test for mineralisation amenable to small-scale open pit mining as the company considers this style of mineralisation has the potential to be exploited as part of its upcoming stage 2 open pit mining campaign at the Wilber Lode.

A total of 26 RC holes were drilled highlighting several zones of shallow high-grade gold mineralisation hosted in oxidised bedrock.

Results received include:

MNRC352
2 metres at 76 grams per tonne gold from 22 metres down hole (mdh);

MNRC355
1m at 47.4g/t gold from 26mdh;

MNRC356
1m at 14g/t gold from 38mdh; and

MNRC347
2m at 11.1g/t gold from 27mdh.

Doray said these new drilling results will be compiled to evaluate the potential for open pit mining.

If all goes well the company will conduct further grade control activities and seek relevant regulatory approvals to allow mining to proceed.

At the Judy Lode, Doray followed-up drilling of six step-out diamond holes deep beneath the Wilber Lode by extending one of the holes (MNDD158) a further 300m.

This drilling has intersected the interpreted northern zone of the Judy Lode at approximately 800m below surface, a result that is a step-out of approximately 600m below the previous extent of drilling.

Assays of the Judy Lode vein returned gold results including: 0.5m at 17.3g/t gold from 1104.95mdh.

“The deep intersection of the Judy Lode is considered highly significant as it confirms that the Judy Lode structure and, by inference, the other structures present at Andy Well continue at significant depths below the current drilling and hence provide further evidence for potential extensions to the mine life at Andy Well,” Doray Minerals managing director Allan Kelly said in the company’s announcement to the Australian Securities Exchange.

“The change in geology at depth also indicates the potential below some of the previously drilled porphyry-hosted structures which host lower grade and/or variable mineralisation.

“The success of this drilling provides added incentive to persist with testing of these ‘live’ mineralised structures at depth to delineate additional pods of high-grade mineralisation.”

Email: info@dorayminerals.com.au

Website: www.dorayminerals.com.au