Kingwest strikes gold under Lake Goongarrie
Kingwest Resources has produced an exceptional set of first pass drill results that appear to show a significant gold discovery lurking under the mineralised cover at Lake Goongarrie north of Kalgoorlie. Twelve holes intersected significant gold values across a 500 metre extent of the first drill line within Target A10 of the newly named Sir Laurence prospect under the lake at Goongarrie. Importantly management says the prospect remains open in all directions and a plethora of additional litho-structural targets remain to be drilled.
According to the company, the Sir Laurence Prospect is shaping up to be an extensive area of newly discovered gold mineralisation that has been historically masked by the significant cover in the area. Management says the new discovery supports its litho-structural targeting theory that is based on the significant mineralisation at the Kanowna Belle gold mine in the region.
The Kingwest land package at Goongarries covers approximately 125 square kilometres over a strike length in excess of 25km. Kingwest has to date delineated 10 main targets that require drilling with only five targets drilled so far.
With only a hand full of assays in hand the anticipation around Sir Lawrence is mounting. Just what sort of mineralised monster is lurking below the Goongarrie lake is yet to be determined but one thing seems certain based on the first pass results – there is something down there.