THE DRILL SERGEANT: Golden Mile Resources (ASX: G88) is preparing a ground electromagnetic (EM) survey to commence in September over high priority HEM conductors on the company’s 100 per cent-owned Yarrambee base metals project in the Murchison Region of Western Australia.
The ground EM survey follows results of a 1,342 line-kilometre, helicopter-borne electromagnetic (HEM) survey the company completed in July that identified 48 conductors that Golden Mile has interpreted to be related to sulphide accumulations in the basement rocks and potential VMS-style copper-zinc mineralisation.
“Three high priority target areas have been identified for immediate follow up and we are now ready to refine the targets within these areas by combining the HEM survey data with historical drilling data and collecting ground EM to provide us with the best possible drill test sites,” Golden Mile Resources managing director James Merrillees said in the company’s ASX announcement.
“It’s an exciting time for Golden Mile and we look forward to rapidly advancing exploration on these outstanding targets.
“We already have approvals in place for drilling and look forward to finalising drill-ready targets over the coming weeks.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE