Aircore Holes Hit Wide Gold Intersections
S2 Resources Ltd (ASX:S2R) has received positive assay results for the first aircore programme drilled by the company at the Jillewarra Joint Venture near Meekatharra in Western Australia.
The programme targeted southerly strike extensions to the Dorothy-Margueritta trend, as well as a potential parallel zone of mineralisation to the southwest of the Margueritta prospect.
Results from aircore holes include (downhole widths):
- 16m at 1.5g/t Au from surface, including 4.0 at 4.8g/t Au from 4.0m;
- 12m at 1.0g/t Au from 28m, including 4.0m at 2.8g/t Au from 32m; and
- 27m at 0.5g/t Au from 48 metres to the end of hole, including 4.0m at 1.0g/t Au from 52m.
S2’s first aircore drilling campaign at the Jillewarra JV, comprised 228 holes for 7,600m and the testing of two zones.
The first zone is directly south of the Margueritta prospect (Margueritta South) where the outcropping Dorothy-Margueritta trend disappears under cover. The second zone is to the southwest of Margueritta along a trend comprising historic workings and anomalous gold in rock chips and historic broad spaced drilling (Western Trend).
Assay results have also been received for the first five of 14 reverse circulation (RC) holes aimed at testing depth extensions to the Dorothy and Margueritta prospects.
Hole SJWC0005 recorded the only significant result with an intercept of 20m at 1.9g/t gold from 92m downhole, including 4.0m at 6.8g/t gold from 92m downhole. This hole has extended the northern depth extent of known mineralisation by 24m down dip.
S2 has commenced its second aircore program at Jillewarra. Broad spaced reconnaissance drilling is targeting an area of interpreted structural and geological interest where aeromagnetic imagery shows a bifurcation of stratigraphy to the NW and NNW.
Historic working are present in the area and anomalous gold has been detected in very limited historic drilling and surface geochemistry. This program will comprise 5,000 to 6,000 metres covering an area of approximately three square kilometres.
Jillewarra remains largely under explored with 50 km strike of prospective Archaean greenstone geology and very limited drilling below 70 metres.
The company said it will continue its systematic approach to identify and drill test targets throughout the Jillewarra Belt, generally commencing with reconnaissance aircore. To date, 30 targets have been identified based on structural and geological interpretation, evidence of historical workings and historic exploration data.
