S2 Resources Drills Encouraging Results at Jillewarra JV

THE DRILL SERGEANT: S2 Resources (ASX: S2R) has spent a good deal of time recently conducting drilling programs across the company’s the Jillewarra Joint Venture in Western Australia, where it is earning up to a 70 per cent interest.

S2 Reources’ most recent drilling efforts involved approximately 6,500 metres of aircore drilling carried out at the Zapata target within the Jillewarra JV in Western Australia.

At present assays for this program are pending, however, all outstanding assays for previous Jillewarra aircore programs conducted at the Revenge target area in central-north of the project and at Western Trend in the southwest have now come in.

The recently discovered Western Trend, located west of the Margueritta prospect in the Chesterfield area in the southwest of the Jillewarra belt, returned results drilled within a developing gold anomaly trending for approx. 400 metres between historical workings to the north and previous aircore drilling to the south.

Better intercepts include:

4 metres at 4.3 grams per tonne gold from 28m; and

4m at 1g/t gold from surface.

Assays have also been received for reconnaissance drilling completed in July this year at the Revenge target in the central-north of the Jillewarra belt.

Revenge was identified as an area of interpreted structural and geological interest where aeromagnetic imagery shows a bifurcation of stratigraphy to the NW and NNW.

S2 completed 102 aircore holes on five very broad spaced lines covering a strike extent of approximately 2.7 kilometres.

The company declared the results as ‘encouraging’, identifying multiple anomalous gold trends along shear zones, as well as elevated gold associated with an interpreted diorite intrusion.

Better results above a 200ppb (0.2g/t) gold threshold included:

4m at 1g/t gold from 68m; and

4m at 0.2g/t gold from 12m, and 4m at 1g/t gold from 28m and 4m at 0.2g/t gold from 48m.

“Jillewarra remains largely underexplored with 50 kilometres strike of prospective Archaean greenstone geology and very limited drilling below 70 metres,” S2 Resources said in its ASX announcement.

“The company will continue its systematic approach to identify and drill test targets throughout the belt, generally commencing with reconnaissance aircore.

“To date, 30 targets have been identified based on structural and geological interpretation, evidence of historical workings and historic exploration data.”



Email: admin@s2resources.com.au


Web: www.s2resources.com.au