Doray Minerals extends Wilber Lode mineralisation
THE DRILL SERGEANT: Doray Minerals (ASX:DRM, Doray) has extended the zone of high-grade gold mineralisation to the north of the existing Wilber Lode Ore Reserve boundary via recent recent underground diamond drilling undertaken at the Andy Well gold project in Western Australia.
The company said the results indicate potential for further extensions to the Wilber Lode underground mine.
This drilling intersected, what Doray described to be, typical Andy Well-style mineralisation, with high-grade gold hosted in a quartz vein within sheared high-magnesium basalt.
The company explained the Mineralisation to be typical of that being currently mined by underground methods at Wilber.
The intersections from the recent campaign contain visible gold, with one intersection in WBUG0911 also exhibiting extensive galena and chalcopyrite mineralisation, which again was described by Doaray as typical of ‘bonanza’ grade ore within the Wilber Lode.
Results from the recent drilling include:
WBUG0911
3.7 metres at 13.4 grams per tonne gold from 308.4 metres downhole (mdh) (est. true width 1.2m), including 2m at 22.5g/t gold from 309mdh; and
WBUG0912
1m at 10.8g/t gold from 395.0mdh (est. true width 0.2m), including 0.3m at 33.3g/t gold from 395.7mdh.
“The recent drilling will have a significant impact on our current interpretation and development plans for the Wilber Lode mine and appears to confirm the presence of a new coherent high-grade gold zone in the orebody,” Doray Minerals managing director Allan Kelly said in the company’s announcement to the Australian Securities Exchange.
“These results support our long held belief that the Wilber Lode mineralisation would continue north of the dolerite dyke and that it was only a matter of time before we confirmed that.
“It appears that the high-grade gold mineralisation that has been mined to date in the northern panel at Wilber remains completely open down plunge to the north and appears to be shifting further north at depth.
“This means the current Indicated Mineral Resource, and associated Ore Reserve defined for planned mining at Wilber Deeps, can be expanded to the north with the potential for a corresponding overall increase in the high-grade inventory at Andy Well”.
Website: www.dorayminerals.com.au