Si6 Metals unearths shallow, broad ‘high-grade’ mineralisation at Monument Gold Project, WA

ASX-listed exploration company Si6 Metals (ASX:Si6) reports it has identified shallow, broad and ‘high-grade’ gold mineralisation following a phase three maiden aircore (AC) drilling campaign at its Monument Gold Project (MGP) in Western Australia. 

The results, generated by a total of 119 drillholes for 5,636m across 4 prospect areas, have returned gold grades up to 9.03g/t Au from the North Well prospect, with other key intersections including hole MOAC299 with 4m at 1.10g/t Au from 56m; and MOAC327 with 20m at 0.39g/t Au from 60m including 4m at 1.06g/t Au.   

Other key intersections from the Fred’s Well prospect include hole MOAC262 with 24m at 3.24g/t Au from 44m, including 12m at 6.35g/t Au; and hole MOAC374 with 3m at 2.98g/t Au from 72m. 

It is reported that the drilling conducted at both prospects covered a combined total of 1,870m of strike, comprising 370m out of a total 770m strike at Fred’s Well and 1,500m of strike from North Well. 

In addition, the results indicate that mineralisation at North Well is open to the northwest.

multiple mineralised contacts associated with a 100m wide stratigraphic sequence, consisting of ultramafics, felsic porphyry, mafic volcanics and sediments exist at Fred’s Well 

Meanwhile, it is reported that multiple mineralised contacts associated with a 100m wide stratigraphic sequence, consisting of ultramafics, felsic porphyry, mafic volcanics and sediments exist at Fred’s Well. 

The company also notes that these mineralised contacts extend for a strike length of 400m, and that elevated silver (Ag), bismuth (Bi), copper (Cu) and manganese (Mg) associated with the anomalous gold mineralisation indicates hydrothermal mineralisation.

Si6 states this is associated with high level intrusives which will be used as pathfinder elements in surface geochemical sampling. 

This planned surface geochemical sampling will be conducted across both the Fred’s Well and North Well prospect areas and will be carried-out to aid in the planning of future drilling campaigns. 

Si6 Metals is an ASX-listed exploration company that is actively operating in Botswana, Southern Africa and the Laverton Gold District in Western Australia. The company’s Monument Gold tenement is located directly adjacent to and along strike of Australian gold miner Dacian Gold’s (ASX:DCN) 2 million ounce Au Mt Morgan’s Project, and represents a highly prospective gold project that covers a total land holding of 304km-square within Western Australia’s Laverton Gold District. 

The project was acquired by the company in 2020 and has been the centre of reconnaissance style AC drilling conducted by the company in its search of a wide range of gold mineralisation styles similar to those evident in the adjoining Mt Morgans tenement. 

With phase three of the maiden AC drilling campaign now complete, Si6 announces it has moved forward with structural and geochemical analysis of the drilling data in order to determine orientation of the mineralised zones at the Fred’s Well and North Well prospects and assist with strike extension drilling.      

Images: Si6 Metals Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.