Western Australian gold explorer BMG Resources Limited (ASX: BMG) has received all outstanding assay results for the reverse circulation (RC) drilling programme which was completed in 2021 at its Abercromby Gold Project in the north-eastern Goldfields of WA.
Highlights:
• A number of very wide intercepts have been highlighted, punctuated by some very high gold grades:
o 6m @ 19.8gpt from 83m (21ABRC007), incl 1m @ 100.39gpt from 83m
o 34m @ 1.26gpt Au from 143m (21ABRC007)
o 5m @ 3.97gpt Au from 238m (21ABRC007)
o 60m @ 1.46gpt Au from 127m (21ABRC005), incl 19m @ 2.87gpt from 159m
o 50m @ 1.08gpt Au from 101m (21ABRC003), incl 4m @ 8.61gpt from 123m
o 33m @ 1.38gpt Au from 233m (21ABRC004), incl 12m @ 2.47gpt from 250m
o 35m @ 1.07gpt Au from 19m (21ABRC019), incl 13m @ 1.98gpt from 39m
o 2m @ 6.47gpt from 80m (21ABRC019)
o 25m @ 1.15gpt Au from 218m (21ABRC006), incl 9m @ 1.99gpt from 223m
• The results are broadly consistent with and confirm the previously announced 4m composite sampling – refer ASX announcement on 19 October 2021
• Extensional and infill diamond drilling at the Capital Prospect continues
•Aircore drilling of high-priority sub-audio magnetic targets underway
Managing Director Bruce McCracken said these new assays confirm and build upon results reported on October19, 2021, when preliminary 4m composite results were made public.
He said the 1m assay results are, however, more significant due to their higher level of sample quality and collection rigour, and are considered more definitive in assay determination for downhole sampling.
The 1m assays illustrate wide, continuous zones of gold mineralisation at Abercromby, inclusive of extremely high grades.
“The 1m results complete the story on the RC drilling completed in mid to late 2021 and supersede preliminary results of the 4m samples already announced. The 2021 RC program has succeeded in delivering some fantastic intercepts in what were gaps in the existing dataset,” Mr McCracken said.
“As indicated previously, the RC drilling has identified a new eastern lode which has not been previously intersected by historical drilling. This is an exciting development that opens up an area for a sizeable extension of the potential resource envelope at Capital.
“Step-out drilling to the north of the Capital Prospect continues to intersect gold mineralisation, which provides encouragement that the high-grade mineralisation at Capital extends continuously for a further 500m to the Capital North Prospect – potentially significantly increasing the strike of mineralisation and suggesting a much larger mineral system.
“We are delighted by the increased resolution the 1m sampling has given, especially where individual assays of over 100gpt Au are returned. “We’re excited by the results to date and the drilling programs underway and look forward to pressing ahead in the coming year.”
For further information please visit: http://www.bmgl.com.au/
