Broad High-Grade Intersections Including 89m @ 1.43g/t
Bardoc Gold Limited (ASX: BDC) has reported significant new assay results from recent exploration and in-fill drilling at the cornerstone 526koz Zoroastrian Deposit, part of its 100%- owned 3.03Moz Bardoc Gold Project, located 40km north of Kalgoorlie in Western Australia.
New drilling results from the northern end of the Zoroastrian Deposit have extended the mineralisation further to the north outside of the current Mineral Resource model and have provided the impetus to expedite a diamond core rig to site to further evaluate this emerging area.
The drilling has identified a significant zone with a standout intercept of 89m @ 1.43g/t Au from 192m in KNC202014, which is interpreted as the development of multiple footwall lodes within the Royal Mint Lode.
This intersection is the broadest zone of mineralisation recorded at Zoroastrian and highlights that the cornerstone deposit still has areas that can yield significant widths of strong gold mineralisation, providing considerable upside for future mining and exploration activities.
Chief Executive Officer, Robert Ryan, said the standout intercept of 89 metres at 1.43g/t, including several higher grade zones, is the widest seen at Zoroastrian to date and one of the better exploration results to be generated across the Bardoc Gold Project.
“Importantly, our recent drilling has shown that the northern end of the deposit is shaping up as an important growth opportunity for the company,” Mr Ryan said.
“We are seeing broad widths of mineralisation rarely seen at Zoroastrian, with the recent results clearly demonstrating that there is significant potential to extend the Mineral Resource well beyond the current 526koz.
“The high-grade plunge to the newly discovered lodes will be an area for further follow-up drilling, with a diamond drill rig mobilising to site this week to continue to test the zone at depth.
“Our expanded exploration program is already paying dividends, highlighting the potential for brownfields discoveries like the Blueys lode at Zoroastrian, as well as potential greenfields discoveries as we await assay results from North Kanowna Star and Mayday North.
“As we continue to advance the Bardoc Gold Project Definitive Feasibility Study, the exploration results will help to build a growth pipeline of development opportunities that will ensure the Bardoc Gold Project will have a long and sustainable mine life.”