Kingwest Resources Limited (ASX: KWR) has commenced infill drilling at the Menzies Gold Project in Western Australia.
An initial 3,000m RC programme has been planned to infill drill both the Stirling and Pericles Deposits to increase the confidence in grade and mineralisation continuity.
The Pericles and Stirling Deposits Mineral Resource Estimates include Indicated category resources for the majority of the near surface areas of the resources. In portions of the resources, there remains some higher-grade regions that require infill drilling to further confirm the grade and continuity of the mineralisation.
The mineralisation at Pericles and Stirling remains open with indications that high grade shoots may continue at depth.
“We are excited to recommence drilling at the Menzies Gold Project following a recent independent review of the resources and historic drilling,” Executive Chairman Greg Bittar said.
“Menzies has previously produced nearly 787,200 oz @ 19 g/t Au from predominantly narrow, high-grade shoots.
“There is growing evidence that high grade zones of mineralisation are hosted within the areas of identified mineralisation that may be attractive high grade mining targets.
“The Board is pleased to have commenced this current drilling programme to chase and expand on areas identified as exciting and prospective to host more of what made Menzies one on WA’s historic premier goldfields.”
The drilling programme is designed to:
Improve confidence in the grade and mineralisation continuity within possible pit outlines, particularly in higher grade areas;
Extend high grade zones at depth; and
Test unexplored areas which follow existing mineralisation trends.
Sixty-six holes for approximately 3,000m of RC drilling have been planned to infill the Pericles and Stirling resources within the planned pit designs. The infill drilling with take the drill spacings to a nominal 20x20m spacing with some closer spaced drilling to confirm the high-grade zone being interpreted in the recent resource model.
Background
The MGP is one of Western Australia’s major historic gold fields. Located 130km north of the globally significant gold deposits of Kalgoorlie.
The MGP covers a contiguous land package over a strike length in excess of 15km. Within the MGP a series of structurally controlled high-grade gold deposits have been historically mined and display extensive exploration potential for high-grade extensions. Modern exploration since closure over 20 years ago has been limited prior to Kingwest acquiring the project in 2019.
The MGP has recorded historical production of 643,200 oz @ 22.5g/t Au from underground (U/G) between 1895 and 1943 plus 145,000 oz @ 2.6g/t Au2 open cut between 1995 and 1999, for a total of 787,200 oz @ 18.9g/t2 Au.
The MGP is hosted within the Menzies Shear Zone. All deposits lie within granted Mining Leases and are 100% owned by KWR. Current JORC mineral resources total 505,100 oz @ 1.33 g/t Au1 using a 0.5 g/t Au cut-off.
Importantly the MGP lies on the Goldfields Highway, has power and water and is within trucking distance of numerous Gold Processing Plants.
For further information please visit: https://www.kingwestresources.com.au/
