Encounter Resources Expands footprint of East Thomson’s Gold System

THE DRILL SERGEANT: Encounter Resources (ASX: ENR) announced high-grade assay results from a recent drill program and widespread surface coarse gold recovered from new reefs at East Thomson’s Dome (ETD), located in the Paterson Province in Western Australia.

Encounter Resources conducted a 15 hole program of RC drilling at the Fold Closure reef in early November 2017.

Assay results from what the company consider to be two important drill holes remain pending, however the assays received to date contain a number of additional reef-style, close to surface intersections including:

ETG109
4 metres at 4.3 grams per tonne gold from surface;

ETG110
4m at 3.5g/t gold from 17m; and

ETG106
2m at 5.4g/t gold from 46m.

The Fold Closure reef remains open, demonstrated by the most south-western hole in the program ETG103, which included:

1m at 4.3g/t gold as part of 5m at 1.4gt gold from 189m towards to bottom of the hole.

“The early results from the recent aircore/RC drill drilling has expanded the footprint of the gold system at East Thomson’s Dome,” Encounter Resources managing director Will Robinson said in the company’s announcement to the Australian Securities Exchange.

“The widespread coarse gold recovered is indicative of multiple gold reefs with some impressive nuggets discovered.

“The discovery of the new 46 Reef in a new area with no previous exploration demonstrates the high potential to identify more gold-bearing reefs from the upcoming ultra-detailed surface mapping program utilising drone technology.”

Email: info@enrl.com.au

Website: www.enrl.com.au