Spartan Resources Extends High-Grade Pepper Gold Discovery
THE DRILL SERGEANT: Spartan Resources (ASX: SPR) released new assay results from recent surface drilling targeting the high-grade Pepper gold prospect within the company’s 100 per cent-owned Dalgaranga gold project (DGP) in the Murchison region of Western Australia.
Spartan Resources declared the assays from Pepper prospect, sitting adjacent to the 0.95 million ounce Never Never gold deposit, demonstrate increasing ounces per vertical metre potential.
The company said the latest drilling intercepts had expanded the high-grade Pepper discovery, including:
DGDH070
14.73 metres at 11.42 grams per tonne gold from 553.73m down-hole, including 4.37m at 36.8g/t gold.
This intercept was located approximately midway (~50m north) of the initial previously announced Pepper discovery hole DGRC1432-DT, which returned 17.52m at 15.86g/t gold.
DGDH069-W1
17.67m at 6.58g/t gold from 561.85m down-hole, including 7.53m at 11.93g/t gold.
This intercept was located down-dip of another previously announced Pepper discovery hole, midway between DGRC1432- DT and DGDH069, which returned 11.28m at 5.94g/t gold.
“Our focus on drilling, closing the gaps and achieving significant outcomes in front of our established infrastructure continues to deliver in spades with our ongoing drilling success at the recently discovered Pepper gold prospect,” Spartan Resources managing director and CEO Simon Lawson said in the company’s ASX announcement.
“Pepper is located less than 100 metres south of the high-grade 0.95 million ounce Never Never gold deposit and we couldn’t be happier to see the rapid emergence of another substantial high-grade body of mineralisation next to our flagship deposit with each new drill result.
“We are very confident that Pepper will become a standalone gold deposit and, to ensure that outcome, we will be completing a maiden Mineral Resource Estimate for this exciting prospect as part of our foreshadowed mid-year MRE update for Dalgaranga.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE