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.”
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