Prodigy Gold Delivers Drilling Results From Hyperion Gold Deposit

THE DRILL SERGEANT: Prodigy Gold (ASX: PRX) received all results for recent Reverse Circulation (RC) drilling undertaken at the company’s Tanami North project in the Northern Territory.

Prodigy Gold completed a program of 17 RC holes on the project’s Hyperion gold deposit taking in the Hyperion, Tethys and Seuss Lodes, which delivered a series of intercepts the demonstrated a greater than 30 gram metre interval (grade times width) based on a 0.5g/t gold cut-off, including:

Hyperion Lode

HYRC24001
25 metres at 2.2 grams per tonne gold from 66m; and

HYRC24017A
33m at 2.6g/t gold from 49m.

Tethys Lode

HYRC24004
10m at 15.9g/t gold from 177m;

HYRC24006
30m at 2.9g/t gold from 31m; and

HYRC24013
13m at 4.1g/t gold from 26m.

Suess Lode

HYRC24004
4m at 7.7g/t gold from 87m.

“The drilling completed in 2024 highlights the reason why Prodigy Gold views Hyperion as one of the key projects for the company,” Prodigy Gold managing director Mark Edwards said iin the company’s ASX announcement.

“These results support the current company strategy focusing on our Tanami North project area and remaining committed to expanding our Mineral Resource inventory through organic growth.

“These new results will also provide the company with additional technical information, such as the recovery characteristics of the mineralisation of other lodes at Hyperion through further metallurgical testwork.

“While two holes drilled targeted mineralisation down dip of the Hyperion and Tethys Lodes to provide samples for metallurgical testwork, they also provided the company with confidence in the style of mineralisation at Hyperion.

“The holes have provided information regarding the down dip continuity of mineralisation, which will be used to assist with the updating of the Hyperion resource estimate.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE