Laverton South Project WA

E79 starts ‘large-scale’ aircore drilling operation at Laverton South Gold Project, WA

E79 Gold Mines (ASX:E79) announces that it has commenced a ‘major’ new phase of aircore (AC) drilling at its ‘flagship’ 100%-owned Laverton South Gold Project in Western Australia.

The AC drilling program, comprising more than 20,000m worth of drilling, has commenced with a goal of infilling a ‘large’, open 1.6km long gold target that was identified by initial AC drilling at the Target 3 earlier this year.

The company also believes that this recently commenced drilling program will provide more detailed geological information to support deeper reverse circulation (RC) drilling that is expected to take place later this year.

Speaking on the results, E79 Gold Chief Executive Officer Ned Summerhayes said: “We are excited to get the aircore drill rig back to continue testing key targets at the Laverton South Project.

“Recent aircore results confirmed the presence of significant gold anomalism over a strike length of more than 1.6km”

Recent aircore results confirmed the presence of significant gold anomalism over a strike length of more than 1.6km – and open along strike both to the north and south – at Target 3. Target 3 will be a priority for aircore follow-up in advance of RC drill testing.

The large-scale program will comprise over 20,000m of aircore drilling, allowing us to cover a number of targets and to in-fill parts of Target 3 to gain a better understanding of the controls on the mineralisation, before we begin deeper RC drilling later this year.

Drilling will also test for southern extensions of Target 3 as well as test multiple greenfields targets at Lake Yindana, pending heritage survey clearances.”

The company also notes that drilling will also test along strike that remains open to the south of the Target 3 area and along structures that trend towards Kirgella’s Gift, which is located 4m to the south-east and has yielded ‘thick, high-grade’ gold mineralisation in the past.

In addition, all outstanding assays from regional aircore drilling programs, comprising 200 AC drill-holes for 8,122m at the greenfields Target 4, have been returned and have delivered no significant anomalism.

The Laverton South Project is located about 130km east-northeast of Kalgoorlie within the major gold producing Archean Yilgarn Craton of Western Australia and covers a total land tenure of 346km-square.

The Laverton Tectonic Zone (LTZ) is recognized as one of the richest gold belts in the world and has historically produced 30 million ounces (Moz), comprising the Lake Yindana (E79 100%) and Pinjin JV (E79, 80%) tenement packages.

With the ‘major’ AC drilling campaign now commenced, E79 reports that it will move forward with additional drill testing of high priority targets in Laverton South between July and August before commencing deeper RC drilling in November 2022.

Images: E79 Gold Mines Limited
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Written By Adam Orlando Editor-in-Chief Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.