Kingwest Resources Limited (ASX: KWR) confirmed depth extensions of high-grade gold with the latest round of drilling at its Menzies Gold Project (MGP) in Western Australia.
CEO Ed Turner said the discovery of a ‘blind’ parallel footwall lode to the historically mined Princess May lode at the Yunndaga prospect is exciting and will be followed up in 2020.
The Menzies area is comprised of multiple mining leases, exploration and prospecting licences. The Menzies area comprises multiple prospects including: Lady Irene, Selkirk, First Hit, Pericles, Lady Shenton, Lady Harriet and Yunndaga.
At Yunndaga ten holes have now been completed by Kingwest for a total of 3,124 metres.
Significant results from these latest drill holes include:1.3m @ 19.82g/t Au from 92.0m, inc. 0.3m @ 64.4g/t Au from 92.3m and 2.28m @ 17.87g/t Au from 99.65m, inc. 1.20m @ 33.80g/t Au from 99.65m in the new footwall lode beneath the historic Princess May workings at Yunndaga.
Mr Turner said intersecting remnant mineralisation in the hanging wall of the stope is highly significant and the company is hoping there may be more similar high-grade mineralisation remaining in the stope walls throughout the Princess May shoot and this will need to be drill tested in 2020.
Kingwest’s 2019 drill programme has been completed with 27 holes for 6,907.6 metres in total comprising 1,150 metres of RC and 5,989 metres of diamond core. An additional nine RC pre-collars have been completed for 558m at Lady Irene and Lady Shenton.
