General Mining increases Chesterfield confidence

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THE DRILL SERGEANT: General Mining Corporation (ASX: GMM) has been encouraged by recently-completed drilling at the company’s 100 per cent-owned Chesterfield gold project, located 50 kilometres north-west of Meekatharra in Western Australia.

The latest results come from the Dorothy prospect at Chesterfield, where drilling targeted mineralisation associated with the main workings.

The drilling returned visible gold, which was observed in shear zone hosted quartz vein mineralisation, with notable intercepts including:
 
–    1 metre at 123.3 grams per tonne gold from 73.3 metres; and

–    1.75m at 13.83 g/t gold from 52.35m.

The company explained these results follow earlier RC drilling, which returned:

–    4m at 28.8g/t gold from 21m, including 2m at 53.9g/t gold;

–    5m at 5.4g/t gold from 38m, including 1m at 21.6g/t gold; and

–    4m at 33.81g/ t gold, including 2m at 61.3g/t gold.

“The latest results provided more firm evidence that Chesterfield has strong potential to host substantial high-grade resources,” General Mining Corporation chairman Michael Wright said in the company’s announcement to the Australian Securities Exchange.

“There is clearly the potential for a larger high-grade deposit between Dorothy and Marguaritta.

“Ongoing drilling will be aimed at testing for extensions to underpin a significant resource and therefore make Chesterfield a valuable source of high-grade ore in an area which already hosts several processing plants.”

 

Source: Company announcement

 

Dorothy sits about 2km along strike from the Marguaritta prospect, where earlier drilling returned high-grade results including:

–    5m at 2.73g/t gold from 13m; and

–    5m at 5.9g/t gold from 38m, including 2m at 12.2g/t gold.

General Mining has identified numerous targets it has tested by RC drilling and soil sampling over the 2km strike length between Marguaritta and Dorothy.

The Marguaritta deposit has been intersected over 950m from Marguaritta North to Marguaritta South and remains open to the north and south.

General Mining has additional diamond drilling planned at Dorothy to further test the mineralisation beneath the weathered zone and provide valuable information with respect to the geometry, grade and nature of the primary mineralisation.