Caprice Resources Ltd’s (ASX: CRS) aircore programmme at the Solis prospect has successfully defined a large gold anomaly within Island Gold Project (IGP) located in the Murchison region of Western Australia.
Broad spaced aircore drilling on the Solis prospect, at the southern end of Lake Austin, has delineated a continuous +1km long regolith gold anomalous zone. The anomaly remains open along strike to the northeast and south.
The programme is the first drilling in this area and consisted of 80 holes for 2,451m. Lines were spaced approximately 400m apart, with 80m hole spacing. The broad spacing was designed to test a large area for regolith gold anomalism, with any results above 0.1g/t Au considered to be significant.
The programme intercepted multiple significant results, including a best result of 4m at 1.0g/t from 28m in 22IGAC0046. Samples were taken using four metre composites, with one sample collected from the last 1m interval of each hole. Follow up one metre re-sampling of anomalous composites is to be undertaken shortly.
Managing Director, Andrew Muir, said follow up aircore drilling is being planned and scheduled for the June Quarter, with final timing dependent on drill rig availability and PoW approval.
“The Solis aircore drilling programme has been very successful. It has identified a large gold anomaly in a previously untested area. In particular, the large scale and coherent nature of the anomaly is very promising,” Mr Muir said.
“The presence of such a large anomaly is a proof of concept that Solis and Lake Austin has the potential to host gold mineralisation. We look forward to follow-up drilling that will seek to infill and extend the initial drilling. Beyond Solis, we will be undertaking RC drilling on the Island, and continue to progress activities on Cuddingwarra, Big Bell South and Northampton.”
For further information please visit: https://www.capriceresources.com/
