Black Horse Mining (ASX:BHL) has mobilised a diamond drill rig to its Mt Egerton Gold Project in Victoria and secured permits to re-establish the historic Sister Rose adit.
Drilling will commence in the coming days as part of a 4,000m program across 10 holes.
Black Horse has also received approval from the Department of Energy, Environment and Climate Action (DEECA) and Resources Victoria to begin work on re-establishing the Sister Rose adit.
“We are excited to begin the next phase of drilling aimed at positioning the 3D geological model and then testing the deeper part of the deposit,” Managing Director David Frances says.
Once the adit is re-established, Black Horse expects to locate the Sister Rose shaft, enabling accurate positioning of the 3D model of underground workings. Miners historically used the adit to haul ore from the one level of the Sister Rose mine to the stamp battery for processing.
Refurbishment work on the adit is expected to be completed within two months.
The company has received final results from its maiden drilling program, with anomalous gold intersected in holes 25MEDD002 and 26MEDS001. Results include 3.87 grams per tonne gold over 0.6m from 7.7m in hole 25MEDD002, and 11.90g/t gold over 0.4m from 32.75m in hole 26MEDS001.
Holes 25MEDD002A and 25MEDD003 returned no significant results, while the program abandoned holes 26MEDD002 and 002A before reaching target depth.
Black Horse’s Mt Egerton Gold Project is located in the southwestern portion of the Bendigo Zone within the Lachlan Fold Belt.
Mineralisation is hosted in north-south-trending quartz reefs, similar to major Victorian gold deposits, including Ballarat, Bendigo, and Fosterville.
Write to JC Villarba at Mining.com.au
Images: Black Horse Mining
