Kentor Gold drilling extends Murchison gold mine mineralisation
THE DRILL SERGEANT: Recent drilling conducted by Kentor Gold (ASX: KGL) has extended the high-grade mineralisation at the NOA 7/8 deposit at the company’s Murchison gold mine in Western Australia.
“This is an outstanding outcome with all six RC holes indicating extensions of gold mineralisation beyond the NOA 7/8 orebody,” Kentor Gold managing director Simon Milroy said in the company’s announcement to the Australian Securities Exchange.
“In the last four months we have announced increased mineral Resources at Murchison – at both the NOA 7/8 and Alliance deposits.
“These latest results highlight the potential to further increase high grade Resources at NOA 7/8.
“Proposed underground mining of high grade ore at NOA 7/8 commencing in 2014 is a key to the company’s plan to increase production and lower costs at Murchison.”
Results from the RC drill holes at NOA 7/8 include:
– 22 metres at 2.13 grams per tonne gold from 181 metres, including 3m at 4.18g/t gold from 181 metres, 2m at 5.00g/t gold from 195m, 2m at 5.20g/t gold from 200m;
– 18m at 2.4g/t gold from 191m, including 3m at 4.13g/t gold from195m, 4m at 4.19g/t gold from 202m; and
– 6m at 5.78g/t gold from 233m, including 2m at 14.10g/t gold from 233m.
Kentor said the new drilling broadens the high-grade central core of the resource that remains open to the south.
The company highlighted the intersection of 6m at 5.78g/t gold incl. 2m at14.1g/t gold to be of some significance as it considers this may suggest previous drilling has not closed off the mineralisation as it had previously interpreted.
NOA7&8 plan of RC drilling completed by Kentor Gold in 2012‐13. Source: Company announcement
A further hole was drilled below the northern end of the NOA7/8 pit and above the defined north plunging shoot in an area that has been poorly drilled in the past.
The company explained the ore zones within the pit are offset from the mineralisation at depth by a fault that gives the appearance mineralisation is cut off.
Kentor is hopeful the mineralisation it has intersected in this recent hole is part of a continuous zone with a minor offset as it feels this could open up potential for shallow mineralisation within the oxide zone at the north end of the pit.
The company indicated additional drilling will now be required to test for extensions to the ore zones the recent drilling has identified.
Although the shallow north plunge was evident from drilling completed in mid- 2012, the company has now earmarked extensions down dip and along strike to the north within the oxide zone as priority targets.
A Scoping Study on NOA7/8 completed last year identified several areas of Inferred Resources Kentor said could potentially be added to the mining schedule if the resources were upgraded.
These areas will also be the target of a future drilling program.