Doray increases depth of Wilber Lode

THE DRILL SERGEANT: The current diamond drilling program being carried out by Western Australia-focused gold exploration play Doray Minerals at its 80% owned Andy Well gold project has increased both the depth and strike extents of the high-grade Wilber Lode.

The total depth extent of the Wilber Lode has been increased by over 50%.

One diamond hole intersected a three metre wide zone of mineralised quartz lode with visible gold from 391 metres down-hole. The interval returned an assay of 2.11m at 5.57 grams per tonne gold, including 1.01m at 11.0g/t gold.

The hole is the deepest intersection Doray has received from the Wilber Lode to date and extends the depth of mineralisation below the previous deepest intersection by approximately 140m.

Several other holes targeted the southern boundary of the Wilber Lode and also intersected high-grade gold mineralisation outside the current resource. Results from these holes so far include:

0.51m at 36.60g/t gold from 155.21 to 155.72m, and 

1.95m at 34.61g/t gold from 152.15 to 154.1m, including 1.1m at 52.43g/t gold.

“These results are extremely important for Doray as they show that the Wilber Lode continues with consistent thickness at depth well beyond the current resource, and also potentially extends further to the south, towards the Wilber South mineralisation,” Doray Minerals managing director Allan Kelly said in the company’s ASX announcement.

“As we continue to drill out the deposit, it is becoming more obvious that we have still only scratched the surface in determining the true scale of the opportunity at Wilber and the wider Andy Well property.

“These results have the potential to add significantly to the current Wilber Lode inferred resource.
 
“Confirmation that the Wilber Lode continues to at least this depth gives us added confidence that the Andy Well project has the potential to be a significant high-margin gold producer.”