OzAurum Resources (ASX: OZM) has reported ‘significant’ gold mineralisation including a peak intersection of 5m @ 37.11 g/t gold from its maiden 28-hole RC drill program at the Patricia Gold Project in Western Australia’s Eastern Goldfields.
The results were reported from 26 holes drilled for 5,280m, as part of a broader 41-hole program at Patricia, with the company reporting that the new results extend the initial high-grade gold results and deliver consistency with historical grades of 41 g/t Au.
“These exceptional RC drill results from Patricia extend the initial high-grade gold results intersected at the Project thus far”
Numerous ‘high grade’ intersections, along with visible gold were encountered along the existing Patricia open pit. Standout hits included
- Hole PTORC024: 5m @ 37.11 g/t gold Au from 154m; including
- 1m @ 90.40 g/t Au from 156m (visible gold)
- 1m @ 63.60 g/t Au from 155m
- 1m @ 16.00 g/t Au from 154m
- 1m @ 13.25 g/t Au from 157m
- Hole PTORC022: 5m @ 11.74 g/t Au from 151m; including
- 1m @ 31.10 g/t Au from 154m (visible gold)
- 1m @ 10.80 g/t Au from 151m
- Hole PTORC035: 5m @ 3.19 g/t Au from 191m; including
- 1m @ 7.42 g/t Au from 193m
Speaking on the results, OzAurum CEO Andrew Pumphrey said: “These exceptional RC drill results from Patricia, including intersecting 5m @ 37.11 g/t Au, extend the initial high-grade gold results intersected at the Project thus far. These results are consistent with the average grade mined historically from underground of 41 g/t Au at Patricia. We are very much looking forward to continuing to explore this project with future diamond drilling planned at Patricia.”
Panned visible gold from hole PTORC022 (154-155m)The RC program was the first in over 30 years at the Patricia Gold Project, and targeted high grade-gold mineralisation immediately beneath the existing Patricia open pit.
The company says that initial observations and early interpretation of RC drill logging is demonstrating that Patricia is a structurally complex project, potentially with late-stage faulting that is offsetting lithologies and potential gold mineralisation. Structural data from upcoming diamond drilling is expected to assist in resolving this.
Images: OzAurum Resources Ltd
