Viking Mines Limited (ASX: VKA) has announced that visible gold has been intersected from a step-out drilling campaign approximately 165m north of historic underground workings at its First Hit mine. The visible gold sits within a 20cm quartz vein from 57.95m down hole.
Quartz vein in diamond drill hole hole VDD016 displaying visible goldDiamond drill hole VDD016
DD hole VDD016 is located approximately 165m north of historic underground workings at the First Hit mine, and was designed to test intersection between an intermediate intrusion, detected from previous drilling, and the main First Hit shear zone.
A quartz vein 57.95m downhole with numerous flakes of visible gold was discovered during a follow-up review of drill core at the company’s Perth office, with the discovery drawing similarities with core from previous hole FDH001.
“What is exciting is that we have seen gold in a quartz vein in one of the step out holes located ~165m north of the historic underground workings and in a shallow position below surface”
Management comments
Viking Mines Managing Director & CEO Julian Woodcock said: “With the ongoing review of the diamond drill core underway in Perth, I am very pleased to have seen more visible gold. What is exciting is that we have seen gold in a quartz vein in one of the step out holes located ~165m north of the historic underground workings and in a shallow position below surface. This confirms that the structures hosting the First Hit mineralisation contain gold beyond the previously defined limits of mineralisation. I look forward to getting a better understanding of the mineralised system at First Hit and planning our follow up programmes to commence later this year.”
Images: Viking Mines Limited
