A diamond drill programme is underway at the La Mascotte prospect within Kalgoorlie Gold Mining Ltd’s (ASX:KAL) Bulong Taurus project in Western Australia.
The planned holes will complement recent RC drill programmes with some of the new diamond holes to be drilled adjacent to pending RC results which intersected strong alteration consistent with gold mineralisation.
“This diamond drill programme at the outcropping La Mascotte gold prospect will provide detail needed for the KalGold Team to accurately characterise gold mineralisation, both in the oxide zone and in fresh rock,” Managing Director and CEO, Dr Matt Painter, said.
“KalGold expects analysis of the drill core to assist in clearly defining controls on gold mineralisation, provide geotechnical data and define new targets. We aim to define the extent of near-outcropping gold mineralisation and its depth extensions within the Bulong Taurus project so that we can define a maiden JORC 2012 resource estimate.”
The programme will comprise up to seven diamond drill holes for 875m. Results of the recent RC programme (pending) will, if they are returned in time, help to delineate the best drill holes from several alternatives designed to test the La Mascotte gold mineralisation, as the Company advances this prospect to define a maiden resource.
Forthcoming drill programmes
This diamond drill programme is part of KalGold’s broader strategy to discover and define new gold deposits near Kalgoorlie-Boulder. D
iamond drill data will inform the design and implementation of the forthcoming RC phase 3 program at Bulong Taurus (late April to May).
Following Bulong Taurus drilling, the RC rig will test several newly-generated targets at the Ninga Mia gold project on the northern outskirts of Kalgoorlie-Boulder.
For further information please visit: https://www.kalgoldmining.com.au/
