KalGold launches follow up WA gold drilling blitz
Kalgoorlie Gold Mining has launched a second RC drill campaign to follow up its initial successes achieved at the company’s La Mascotte and Great Ophir prospects within its Bulong Taurus project just 35kms east of Kalgoorlie. Drilling at Bulong Taurus is primarily aimed at building on the success of the first drill program by targeting extensions of known mineralisation.
A strong focus will be on the area south of KalGold’s outcropping La Mascotte gold prospect that was recently defined through geophysical, geological and historic drill dataset analysis. Curiously, gold nuggets from the new target area south of La Mascotte were located recently by prospectors and display an angular shape, indicating they originated locally and have not been transported far according to the company.
KalGold only listed on the ASX in November last year and the company has wasted no time getting stuck into a drilling blitz that is already onto its second pass. Gold hits from the first pass at Bulong Taurus returned some very encouraging results and with refined targeting strategies underway, the second round of drilling may well set the scene for further potential successes for the newly minted WA based junior explorer.
CREDIT – BULLS N BEAR
Western Mines kicks up high-grade gold hits in WA
Western Mines’ maiden reverse circulation, or “RC” drilling program at its Rock of Ages gold play, located some 30 kilometres southeast of Laverton near the historic Burtville mining centre, has returned multiple high-grade intercepts. At the interestingly titled Rock of Ages gold project the company chalked up its first drill project within seven weeks of listing completing five holes for a total of 654m.
In an impressive strike rate, Western Mines intercepted anomalous gold in every drill hole. The company’s tenure covers a mere 10 hectares within the Merolia Domain of the Burtville Terrane in the Laverton Greenstone Belt. Gold production from the belt has been slated at in excess of 28 million ounces.
The freshly minted gold and base metals explorer has been working feverishly since its July listing on the ASX. In the months following its debut Western Mines has boosted its tenure around its flagship Mulga Tank nickel-copper-PGE project, consolidated its landholding at the Jasper Hill gold project and wrapped up a string of exploration projects at its Melita gold-copper-lead-zinc play.
With a smorgasbord of gold and battery metal commodities at its disposal scattered over premium parcels of tenure and a pocket full of cash from its recent listing, it seems Western Mines has all its soldiers lined up as it marches into 2022.
CREDIT – Bulls N Bears – West Australian