THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) has a reverse circulation (RC) drill program underway at the company’s Yarrambee copper-zinc-nickel project in the Murchison Region of Western Australia.
A helicopter-borne EM (HEM) survey, followed by a ground-based moving loop EM (MLEM) survey that focussed on a cluster of anomalies adjacent to the Narndee VMS prospect identified a high conductance anomaly now known as the Tank target.
“We are pleased to start this high impact drilling program which kicked off over the weekend at Chi and the newly identified and highly conductive ‘Tank’ anomaly, and then extends to other high priority targets identified from our airborne and ground electromagnetic surveys,” Golden Mile Resources managing director James Merrillees said in the company’s ASX announcement.
“The RC program is targeting bedrock conductors in an area where historical exploration identified widespread alteration and base metals mineralisation.
“These proximal indicators coupled with our geophysical surveys have defined high potential targets for this program which is expected to take about two weeks to complete.
“The team in the field are routinely checking samples with a portable XRF analyser to assist in identifying mineralisation and prioritising samples for laboratory analysis.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE