Sunshine Metals (ASX:SHN) plans to broaden the geological mapping and follow-up soil sampling at the Mt Pleasant prospect within the Ravenswood Consolidated Project in Queensland.
The company aims to establish the potential scale of the auriferous veining at the prospect. Upon completion, priority areas will be drill tested.
This news comes after the company conducted a rock chip sampling program during a reconnaissance site visit, which returned a maximum assay of 64.5 grams per tonne gold.
Sunshine says the gold in the rock chip samples at Mt Pleasant validate historical rock chips within the area. These sample assays include 95.2g/t gold and 36.3g/t gold.
The mapping and sampling suggest the presence of multiple veins within a north-northwest trending zone in which the central vein strikes for over 500m.
Managing Director Damien Keys says while it is early days, Mt Pleasant is so far ticking the boxes as a shallow, oxide gold target close to existing infrastructure.
“It is amazing to think that prospects at surface remain undrilled in the 150-year-old district,” Keys says.
Meanwhile at the Liontown prospect, drilling is progressing with 19 out of 29 holes completed. Assays from the first 17 drillholes are in the laboratory, with the first results expected in late May 2025.
The company is presenting today at the RIU Sydney Resources Round-Up being held from 6-8 May. Mining.com.au is an official media partner at this year’s event.
Write to Aaliyah Rogan at Mining.com.au
Images: Sunshine Metals
