Amara Minerals (ASX:AM3) reveals favourable results at part of its Lauriston Gold and Antimony Project, located 30km south of Bendigo in Victoria’s Goldfields.
Diamond hole AY2610 returned 6.5m at 0.86% of antimony and 0.59 grams per tonne of gold from 142.6m, including 80cm at 3.13% of antimony and 1.59 g/t of gold from 145.5m and 1m at 2.01% of antimony and 0.95 g/t of gold from 148.1m.
According to Amara, AY2610 is the company’s deepest intercept to date at Trojan. This indicates the system may be “improving at depth”, particularly when it comes to antimony.
Another five holes from Trojan similarly returned “significant” antimony intercepts.
“Six holes in, every one of them has hit antimony. AY2609 has given us 10.4 g/t gold over half a metre, and AY2610 has shown us the system is still going at depth,” Managing Director Ian Holland says.
“The soil anomaly extends 2.2km from Trojan to Countess, and our drilling has tested roughly 250 metres of that trend.
“The numbers we are seeing in a small piece of the system tell us this is a project worth drilling out properly.”
The company now plans to submit drilling samples from Comet, Yankee, and Trojan for photon assaying to test for coarse gold.
Amara Minerals is a gold and antimony exploration company, with assets predominantly in Victoria.
Write to Richard Szabo at Mining.com.au
Images: Amara Minerals
