Extensional Drilling Delivering On Falconer Lode
Kingwest Resources (ASX:KWR) has obtained promising results from its large drilling campaign at the Menzies Gold Project in Western Australia.
Highlights:
Drilling targets high-grade shoots outside the current Menzies MRE of 446koz @ 1.26g/t Au Further excellent results include:
- 26m @ 4.6 g/t Au, Inc. 2m @ 49.5 g/t Au from 169m in KWR277
- 19m @ 2.2 g/t Au from 167m in KWR274
- 25m @ 1.9 g/t Au, Inc. 2m @ 10.1 g/t Au from 213m and 1m @ 11.6 g/t Au from 232m in KWR282
- Falconer Lode extended 100m down dip, along strike from current MRE
- Big Babe Lode intersected 70m down dip from current MRE
“This deeper extensional drilling is enormously encouraging – proving large extensions to the Falconer Lode at Lady Shenton which shows continuous and predictable strike extensions as well and some of the broadest widths we’ve seen from any of the lodes at Menzies,” CEO, Ed Turner, said.
“This lode has not been mined underground historically below the current open pit level so it has plenty of potential to provide significant additional resources that can be exploited in the future. We have barely scratched the surface of this lode and we expect to continue to expand on this resource with additional drilling.
“Initial RC drilling at Goongarrie, comprising 8 holes for 1,196m, has also been completed and we eagerly anticipate the outcomes from this drilling. Assays are expected in a few weeks. This program was designed to better test the high-grade mineralisation intersected in the first pass aircore drilling earlier in 2021. This included 38m @ 3.1 g/t Au to the end of hole in KGA038.”
Initial assays have been received for the RC drilling programne completed at Menzies in June 2021. A total of 24 holes (KWR274 – 297) for 4,709m were drilled within the Lady Shenton, Lady Harriet and Yunndaga Systems. Assays have been received for all Lady Shenton System holes (KWR274 – 286) with the Lady Harriet and Yunndaga holes (KWR287 – 297) pending.
Drilling was designed to continue to grow the Mineral Resources Estimate updated in March 2021, currently a total of 446,200 ounces @ 1.26 g/t Au.
For further information please visit: https://www.kingwestresources.com.au/
