NTM Gold Extends Hub and Redcliffe East Mineralisation

THE DRILL SERGEANT: NTM Gold (ASX: NTM) has completed diamond and RC drill programs at a number of prospects, including Hub and Redcliffe East, at the company’s 100 per cent-owned Redcliffe gold project located near Leonora, Western Australia.

NTM Gold said drilling at the Hub prospect had returned a number of outstanding gold intercepts, continuing to demonstrate the potential of the prospect.

The mineralisation at Hub has now been extended to a strike extent of 1,130 metres and remains open to the north and south as well as at depth.

Drilling at Hub extended strike and intersects high grades at depth, including:

6 metres at 12.9 grams per tonne gold from 63m, including 3m at 21.7g/t gold; (RC)
2m at 16.2g/t gold from 21m; (RC)
6m at 6.6g/t gold from 213m, including 3.5m at 9.1g/t gold; (diamond drilling) and
0.5m at 11.3g/t gold from 249.5m. (diamond drilling)

At Redcliffe East, the RC drilling confirmed the broad zones of mineralisation with a number of intercepts of at least 10m downhole width.

Drilling at Redcliffe East returns good grades and widths, including:

12m at 2.4g/t gold from 93m, including 3m at 5.1g/t gold; (RC) and
1m at 14.7g/t gold from 185m. (diamond drilling)

NTM Gold said Redcliffe East was similar to Hub, in that mineralisation remains open to the north, south and at depth.

The company said that all diamond results it has received have demonstrated grade continuity at both Hub and Redcliffe, with the core yielding important insights into the mineralisation at both deposits and returning good grades and widths.

NTM said the RC assays it has received to date have expanded the existing mineralisation at both Hub and Redcliffe East.

“The recent RC and diamond programs have extended the mineralisation at both Hub and Redcliffe East, with more results due in the following weeks,” NTM Gold managing director Andrew Muir said in the company’s announcement to the Australian Securities Exchange.

“Particularly pleasing is that the strike extent of Hub continues to grow.

“We look forward to further drill testing of Hub in the pending RC and diamond programs scheduled for November.”

A number of holes are yet to be resampled on one metre intervals and those results are expected over the coming weeks.

The aircore program is continuing, testing the northern and southern strike extents of Hub, along with a number of other high priority targets.

Beyond the aircore, RC and diamond drilling programs are scheduled to commence next month which is likely to continue the focus on Hub.


Web: www.ntmgold.com.au