Big River Gold Limited (ASX:BRV) has recommenced drilling at the Borborema Gold Project (BGP) in Brazil to test depth and high grade shoot extensions which can be incorporated into mine planning for expanded production scenarios.
Drilling programme objectives
Big River’s objective is to better define the width and grade of the resource at depth for improved mine planning and investigation of expanded production scenarios for the Borborema project. In addition there are significant previously reported high-grade intercepts that appear part of a southerly plunging shoot development and warrant follow up. These intercepts include 50m at 4.95g/t Au (CRDD-138) and 47m at 2.31 g/t Au (incl 15m at 3.61g/t Au) in CRDD -134.
Executive Chairman, Andrew Richards, said Big River has planned approximately 5,000 meters in the first stage diamond drilling programme initially targeting the high grade down plunge and below pit extensions.
- Step out drilling 100m down plunge from prior intercepts will test continuous higher-grade zones.
- Pit optimisation work is limited to the current drilling and Big River is confident this current drilling will identify and extend mineralisation down dip >100m over 1.2km strike, and
- Additional infill drilling will be planned once this initial stage is completed
Executive Chairman, Andrew Richards, Executive Chairman of Big River Gold, commented:
“It has been difficult to source a drill recently in Brazil and we are excited to finally be able to test the significant potential for additional tonnages and higher grade suggested by the Company’s previous drilling,” Mr Richards said.
“This is of particular relevance at the current time as we investigate different mining scenarios with expanded throughput rates. This work will go directly to minelife and improving project economics.”
For further information please visit: https://www.bigrivergold.com.au/borborema-gold/
