Pioneer to follow up gold results at Juglah Dome
THE DRILL SERGEANT: Kalgoorlie-focused gold and base metals explorer Pioneer Resources has resumed drilling at the company’s 100 per cent-held Juglah Dome gold project, located southeast of Kalgoorlie in Western Australia.
The program is set to drill 150 rotary air blast (RAB) holes to test for continuity between the priority Moonbaker and John West prospects, which are one kilometre apart, followed by further testing for strike length extensions.
On completion, Pioneer will have RAB drill hole tested approximately three kilometres of prospective strike length.
Source: Company announcement
Exploration programs at the Juglah Dome project commenced in collaboration with local prospectors interested in finding gold nuggets.
Pioneer has since completed modern geochemistry surveys and initial RAB drilling, which the company informed the market in July, identified the John West and Moonbaker prospects as priority targets.
Previous drilling at the Moonbaker prospect intersected 3 metres at 18.0 grams per tonne gold from 9 metres within a broader intercept of 12 metres at 5.4 grams per tonne gold to the end of the drill hole.
“Initial RAB drill holes will target locations adjacent to the very exciting Moonbaker prospect and will provide information about the geometry of the deposit,” Pioneer Resources managing director David Crook said in the company’s announcement to the Australian Securities Exchange.
“RAB drilling will also test for connecting structures between the John West and Moonbaker prospects, and then a north westerly-trending structural corridor where soil geochemistry results show trace anomalies of gold and copper.
“Our objective on completion of this RAB drilling program is to have sufficient information to undertake a more targeted and systematic reverse circulation (RC) drilling program with a view to defining a commercial gold deposit.”
The current program is expected to be completed during August with results anticipated by mid-September 2012.
The inaugural RC drilling program will be scheduled for the December 2012 quarter, provided Pioneer continues to receive encouraging drilling results.
The Moonbaker Prospect is located approximately 10km south east of the Majestic and Imperial deposits currently being worked by Integra Mining, which is currently in the process of being taken over by Silver Lake Resources.
