WIN Metals (ASX:WIN) is conducting drilling at the Radio Gold Project in the Yilgarn belt of Western Australia after receiving results from historical exploration programs at the project.
The program will target near-surface mineralisation, along with gold-bearing zones prospective for down dip extensions after CEO Steve Norregaard says historical results highlight the “exceptional potential”.
Historical intersections include 5m @ 17.31 grams per tonne gold from 3m; 6m @ 11.14g/t gold from 86m; 1m @ 52g/t gold from 70m; and 2m @ 23.20g/t gold from 95m.
“These impressive grades reinforce the value to be unlocked from our systematic exploration approach and further confirm the project’s highly prospective nature,” Norregaard says.
“This presents a significant opportunity for WIN to unlock the untapped potential that remains across the broader mineralised system.
“The consistency of high-grade intercepts across multiple campaigns continues to strengthen our confidence in the scale and quality of this opportunity.”
First assays are expected shortly as WIN nears the halfway mark for drilling.
Gold mining at the Radio Gold Project began in 1918, producing some 71,000 ounces of gold at an impressive average head grade of 38.5g/t gold between 1918 and 1974. Underground operations were re‑established in 2018 using the existing shaft network, with limited development undertaken from the bottom #10 level.
Recently, privately held Radio Gold (NuFortune) advanced site access by developing a new portal and completing 330m of decline development to the historic second level, enabling the introduction of mechanised mining and a transition from the historic small‑scale, shaftaccess mining methods.
A shallow open pit was also developed to around 25m depth in the central zone of the Radio mine; however, most near-surface mineralisation remains unmined, as earlier efforts focused on the high-grade underground lodes. The company says this provides strong potential for future low-cost open pit production alongside existing underground targets.
WIN Metals is a mineral explorer that holds 350km2 of tenure in Western Australia’s Southern Goldfields and Kimberley regions.
Write to Maddison Elliott at Mining.com.au
Images: WIN Metals
