Austin Metals Limited (ASX: AYT) has mobilised its aircore drilling team to test the Shadow target areas at the Austin Gold Project in Western Australia.
The aircore drilling programme will comprise a total of 1,500 – 2,000m of drilling and is expected to be completed by the end of March.
Dilling is following close on the heels of the completion of a gravity survey which effectively covers the main prospective greenstone belt adjoining Musgrave Minerals and Caprice Resources over a very large area of 15km by 5km.
Both neighbouring companies are enjoying considerable recent success very close to the Austin Metals border including further high grades on the Mosaic Lode and discovery of a 1km long gold anomaly at Solis.
A review of the newly processed gravity images and geochemistry has highlighted five high priority undrilled targets that occur on prominent “gravity break” structures which may be indicative of alteration and veining associated with gold mineralisation,
Structures in the Shadow area are primarily oriented northwest that is very similar in orientation to many deposit structures including Starlight and White Heat.
The Mt Sandy area is dominated by north-trending structures that may be the source for extensive alluvial workings in the area.
The top five priority targets are on existing POW permits so the company has now commenced a 1,500-2,000m aircore drilling programme to conduct a first pass phase to test these five targets.
A multitude of other structures and targets have been identified that will now require reconnaissance field work to refine these targets and also to submit new POW’s for a second round of aircore drill testing in the coming months.
For further information please visit: https://austinmetals.com.au/
