Gold and copper explorer Orange Minerals (ASX:OMX) has kicked off a 1,000m reverse circulation (RC) drilling program at to test some key targets in Western Australia’s Eastern Goldfields.
Orange says the drilling work will focus on 4 zones within the company’s Majestic and Kurnalpi tenements in the area.
“Drilling will test a number of key targets in an area renowned for hosting significant gold deposits,” Managing Director David Greenwood says.
The company expects to receive assays from this drilling work before the end of March 2024.
The Kurnalpi tenements lie in the eastern part of the Norseman-Wiluna Greenstone Belt, and Orange says the area is dominated by several north-to-west and north-trending fault and shear systems and folds.
A previous total field magnetometric resistivity survey in the area outlined several ‘strong’ conductive zones, and Orange’s drilling in the region will focus on these areas.
Meanwhile, drilling across tenement P25/2268 will test below intercepts in historical drillholes.
At tenement P26/4415, dubbed Burton Dam, Orange will drill test several quartz veins associated with northwest-southeast and north-south-trending faults in an area where rock chip sampling in 2023 returned several ‘significant’ gold results. This area is untested by drilling.
Finally, Orange plans to drill at least one hole on P25/2410 in an area immediately adjacent to Black Cat Syndicate’s (ASX:BC8) Jones Find Discovery and another hole on tenement E25/591, where gold mineralisation is related to quartz-carbonate veins and disseminated pyrite in massive granite.
Orange Minerals had around $2.24 million cash at hand as of 30 September 2023, according to its latest quarterly report.
Write to Joshua Smith at Mining.com.au
Images: Orange Minerals
