Kalamazoo Resources Collects High-grade Gold Rock Chip Samples
THE DRILL SERGEANT: Kalamazoo Resources (ASX: KZR) received encouraging high-grade rock chip sample gold assay results returned from the company’s Mt Piper gold project in Central Victoria.
Kalamazoo Resources received the results from mine waste rock samples collected at the Goldie North prospect within the project area.
The recent field investigation activities followed up earlier rock chip sampling by previous owners of the project at the Goldie North prospect that had defined high-grade gold mineralisation.
Kalamazoo’s work resulted in the collection of an additional 17 rock chip samples from mine waste rocks located adjacent to the Goldie North historical reef workings.
Of the 17 mine waste rock samples collected, three samples reported high-grade assay results of 74 grams per tonne gold, 72g/t gold (incl. visible gold) and 42g/t gold.
A further eight rock chip samples returned high-grade assay results ranging from 16.8g/t to 8.4g/t gold.
The associated multi-element assay data for these samples are still pending.
“The gold mineralised samples consist of micro-fractured quartz veins where fine grained visible gold is observed closely associated with micro-fractures in one of the high-grade samples,” Kalamazoo said in its ASX announcement.
“Whilst investigations are ongoing, the high-grade mineralised samples are coincident with the historical mine workings that appear to be associated with an interpreted approximately 60 metres long NNW-striking tensional link structure between two NE-striking structure.”
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