Doray Minerals identifies new gold zone at Andy Well

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THE DRILL SERGEANT: Doray Minerals (ASX: DRM) has intersected a third mineralised zone at the company’s high-grade Andy Well gold project near Meekatharra in Western Australia.

The new ‘Suzie Zone, located parallel to the high-grade Wilber and Judy gold deposits at Andy Well.

Doray recently completed RC drilling within the Suzie Zone, which has intersected a mineralised quartz lode and shear zone over approximately 250 metres of strike and from approximately five metres below surface down to a maximum depth of 120m.

 

Plan view of Suzie Zone in relation to Judy and Wilber Zones. Source: Company announcement

 

Results from the current program include:

–    1 metre at 12.9 grams per tonne gold from 102 to 103m;

–    4m at 8g/t gold from 46-50m, including 2m at 14.8g/t gold from 47 to 49m;

–     1m at 7.3g/t gold from 50 to 51m;

–    2m at 12.1g/t gold from 96 to 98m, including 1m at 21.0g/t gold from 97 to 98m;

–    2m at 6.9g/t gold from 127 to 129m; and

–    3m at 2.7g/t gold from 98 to 101m.

“When we made the decision to proceed with development of Andy Well last year, we were very confident of the potential to discover additional high-grade deposits within the project area, given the lack of previous exploration for this style of mineralisation,” Doray Minerals managing director Allan Kelly said in the company’s announcement to the Australian Securities Exchange.

“Earlier this year, we announced a high-grade gold resource at Judy, the second high-grade gold resource at Andy Well.

“Now, with our first drilling campaign since moving into production, we have identified another high-grade zone, which, following further exploration success and when combined with Judy, could take the mine life of Andy Well out to almost six years.
 
The Suzie Zone was identified through a recent targeting exercise undertaken by Doray in which all exploration data generated to date at Andy Well were compiled and re-analysed using the increased understanding gained from mining of the Wilber Lode deposit so far.