WPG Resources Drilling at Challenger Deeps

THE DRILL SERGEANT: WPG Resources (ASX: WPG) commenced drilling in the Challenger Deeps area, situated below the 215 shear, which displaces the mineralised system of the company’s Challenger gold mine in South Australia.

WPG Resources said the drilling was being carried out in anticipation of mining activities commencing later in the year.

The company explained the drilling is being conducted from collars developed in underground cuddies near the bottom of the current workings and follows completion of a modification to the primary ventilation upgrade works at Challenger in March.

Drilling is set to test the M1 and M2 lodes immediately below the 215 shear and will also target the Challenger West lode, which has not previously been drilled below the 215 shear.

WPG Resources outlined its goals for this drilling program to be to assist with planning mining activities and to add to existing mineral resource and ore reserves estimates.

The company will use the results from Phase 1 of this systematic drilling program to plan initial mining activities at Challenger Deeps.

“this systematic drilling program, commencing on schedule, is the next major step in our plans to mine Challenger below the 215 shear,” WPG Resources executive chairman Bob Duffin said in the company’s announcement to the Australian Securities Exchange.

WPG Resources anticipates mining of the main Challenger deposit and now Challenger Deeps to occur in parallel with progression of other near mine exploration opportunities that can be accessed from existing underground development.

These include Challenger West, Challenger South South West (CSSW), Aminus, Enterprise, Challenger North West and M3/SEZ.

Email: info@wpgresources.com.au

Website: www.wpgresources.com.au