CGN Resources (ASX:CGR) will mobilise a reverse circulation (RC) rig in November for a 2,400m drilling program across its Leonora gold projects in Western Australia.
All heritage and environmental approvals are in place, with earthworks and drill site preparations complete across priority targets.
About 2,000m of the program will test the Pelican prospect within the Panhandle Project. CGN has interpreted a significant northwest-to-southeast structural corridor in a favourable lithological setting that historical exploration did not adequately test.
The drilling aims to evaluate the continuity of mineralisation along strike and at depth.
Historical drilling at Pelican returned 9m @ 20.2 grams per tonne gold (Au) from 61m, 4m @ 6.19g/t Au from 45m, and 5m @ 2.2g/t Au from 56m.
It reports numerous additional multiple-metre intersections grading above 1g/t Au across the target area, highlighting the potential for a ‘high-grade’ system.
The remaining 400m will target the Rocky Mountain Oyster prospect within the Christmas Well Project. CGN’s maiden RC program there returned 5m @ 2.5g/t Au from 151m, alongside a historical result of 6m @ 2.04g/t Au.
CGN says the drilling supports its interpretation of structurally controlled orogenic gold mineralisation. The follow-up work aims to refine the geometry of the mineralised structure and identify potential ‘higher-grade’ positions.
The program will also test strike extensions at both prospects, with the results set to inform the planning of subsequent exploration phases.
CGN holds 386km2 of tenure in the Leonora district, one of Australia’s most prolific gold-producing regions. This region hosts major deposits including Gwalia, King of the Hills, and Ulysses.
The company says historical drilling and recently completed programs demonstrate that gold mineralisation extends into its landholdings.
All intersections are downhole lengths, with true widths not established.
CGN Resources is an Australian explorer advancing a diversified portfolio of gold, copper, nickel, and critical minerals projects across WA.
Write to JC Villarba at Mining.com.au
Images: CGN Resources
