Mineral Resources exploration company Hamelin Gold (ASX:HMG) reports it has discovered ‘high-grade’ gold mineralisation from ongoing diamond drilling (DD) exploration at the Sultan Prospect, as part of its West Tanami Gold Project in Western Australia.
The results, generated by the first drillhole of the drilling campaign, have returned ‘high-grade’ Au mineralisation from a new geochemical target (Sultan) located about 750m south of the Afghan prospect.
Key intercepts include 7.6m at 3.2g/t Au from 326.2m including 1.1m at 15.9g/t Au from 329.7m (TSD0007), with mineralisation remaining open in all directions including along strike, as well as up and down dip.
Commenting on the results, Hamelin Gold Managing Director, Peter Bewick says: “Over 400 RAB and RC holes, and about 1,000 vacuum holes have been drilled at the Afghan prospect by previous explorers defining a 4km long gold trend. The Sultan target was initially identified as a gold-in-soil anomaly located 750 metres southeast of the main Afghan trend, on the margin of granite contact in an area with limited previous drilling.
“The discovery of ‘high-grade’ gold mineralisation at Sultan in a single hole program is an ‘outstanding’ result for the Hamelin team”
The discovery of ‘high-grade’ gold mineralisation at Sultan in a single hole program is an ‘outstanding’ result for the Hamelin team. The extent of the Sultan prospect remains completely unconstrained with mineralisation open in all directions with little work conducted along the interpreted mineralised trend. Following these highly encouraging results we have elevated Sultan to a priority target for 2023.”
The company also notes that the mineralised quartz veins intersected in this drillhole represents a new zone of ‘high-grade’ Au mineralisation along a geological contact not targeted by previous explorers.
In addition, the discovery of this ‘high-grade’ gold further validates the company’s exploration strategy and confirms its belief that systematic exploration of the belt scale West Tanami project boasts potential to deliver ‘high-grade’ gold discoveries in areas of historic shallow drilling.
Hamelin Gold is an ASX-listed mineral resources exploration company based in Perth. The company was established to execute a modern exploration program at its 100% owned West Tanami project in Western Australia.
The West Tanami project represents a belt-scale Greenfields opportunity that is host to the same geology and key structures as Newmont’s Tier 1 Callie Operations in the Northern Territory, with minimal modern exploration completed across the Hamelin landholdings.
The project is considered prospective for high value, large-scale gold deposits and makes up part of the company’s total landholding of 2,489km-square within the state’s Tanami Gold Province.
With results from the single diamond drillhole now returned, Hamelin Gold announces that it is currently designing a major drill program for the West Tanami project scheduled to be undertaken in 2023.
Meanwhile, follow-up drilling is expected to target the up-dip projection and along strike of the mineralised veins.
