Drilling Extends Jaurdi Gold Project
Beacon Minerals Limited’s (ASX: BCN) recent exploration activities have expanded the Lost Dog areas at its 100% owned Jaurdi Gold Project near Coolgardie in Western Australia’s Goldfields.
Aircore drilling results have confirmed that the Lost Dog gold mineralised system continues to the east for at least another 700 metres.
Grades in excess of 1 g/t Au are present as two parallel palaeochannel horizons at depths between 15 and 25 metres below surface, identifying further resource potential at Lost Dog.
A total of 76 vertical aircore drill holes were drilled for 2,992m on three north‐south orientated traverses located 150 metres apart .
Significant intersections include: 12 metres @ 1.01 g/t Au from 16m; 4m @ 2.28 g/t Au from 17m; 3m @ 1.10 g/t Au from 12m; 3m @ 1.41 g/t Au from 20m; 1m @ 11.75 g/t Au from 41m; and 1m @ 2.13 g/t Au from 22.
Meanwhile, a first pass aircore drilling programme was completed over the Alley Cat trend auger soil anomalies which included 56 angled aircore holes for 1,138m. Six lines of aircore drilling were completed. Numerous anomalous intercepts above 0.1g/t Au were returned indicating that further aircore testing is warranted to better define the gold anomalous trends and corridors identified by this six line programme.
Best intercepts include JD20AC052 which intersected 1m at 1.17 g/t Au from 2m and 1m at 4.0 g/t Au from 20m
First pass RC drilling was also completed over the Golden Cat prospect with 16 angled RC holes being drilled for 920m.
Results were not encouraging with just a few >0.10g/t Au intercepts returned from the central parts of the auger soil anomaly.
The company has decided that no further work is warranted at the Golden Cat prospect.
