Doray Minerals confirms Suzie Zone extension

THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has extended the recently identified Suzie Zone at the company’s Andy Well gold mine outside Meekatharra in Western Australia.

Doray has completed an underground diamond drill hole testing the footwall sequence to the Wilber Lode, which has intersected high-grade gold mineralisation from the interpreted northern extension of the Suzie Zone.

In its December 2013 Quarterly, Doray made mention of diamond drill hole WBUG0124, which it said had intersected a structure within a felsic porphyry unit, with associated quartz veining, at approximately 450 metres down hole.

The company has interpreted the intersection to represent the far northern extension of the Suzie Zone structure.

Doray has now received assay results confirming the veining contains high-grade gold mineralisation including:

0.5 metres at 59 grams per tonne gold from 451.6m to 452.2m within a wider interval of
3.6m at 8.8g/t gold from 451.6m down hole.

The intersection is approximately 1000m north along strike from the RC drilling which led to the discovery of the Suzie Zone mineralisation last year.

 

Drill hole cross section, showing location of Suzie Zone intersection in WBUG0124. Source: Company announcement

 

Doray made a point of noting this new intersection is open in all directions and at depth, with no previous drilling either from surface or underground.

The new high-grade intersection is approximately 135m below surface.
 
“This new high-grade drill intersection is highly significant and confirms the substantial upside potential of Andy Well and the high probability of extending the project mine life in the near term through systematic exploration,” Doray Minerals managing director Allan Kelly said in the company’s announcement to the Australian Securities Exchange.

“To date, we have drill tested the first three (Wilber, Judy and Suzie) of several interpreted structures beneath shallow cover at Andy Well and proved each of them to host high-grade gold mineralisation.

“In the case of the Suzie Zone, mineralisation has now been intersected at several points over at least 1200 metres of strike and provides us with a well-defined target for further drilling in the near term.”

Email: info@dorayminerals.com.au

Website: www.dorayminerals.com.au