Pleased With Early Success In WA Key Work Programmes
Native Mineral Resources Holdings Limited (ASX: NMR) has obtained positive results in key work programmes underway at the company’s Music Well Gold Project, approximately 55 km north of Leonora in the Eastern Goldfields of Western Australia.
NMR has undertaken two parallel work programmes at Music Well – a 450m EIS co-funded diamond drilling programme and a surface-based 1,000t bulk sampling campaign.
Managing Director, Blake Cannavo, said the company is expecting to receive initial results from both programmes over the coming weeks.
“We are pleased with the significant operational inroads achieved at Music Well over recent weeks,” Mr Cannavo said.
“Our shallow excavation and sampling programmes have delivered highly encouraging gold grades to date, reinforcing the primary aim of the latest work streams to test this gold bearing target structure at depth and to provide a more accurate and precise grade for the deposit.
“Drilling of four diamond holes was also successfully completed last week and first assays are expected within two to three weeks. Work on our 1,000t bulk sampling programmes continues apace, with our final delivery to the Golden Mile Lakewood Facility expected to be completed this week ahead of the commencement of Toll Treating.
“Early visual signs from this excavation programme are encouraging, with the target vein appearing to maintain widths of between 1.0 to 2.0m in areas excavated below 3.0m.
“NMR has an extremely active pipeline of operational activity planned for the coming months and we look forward to providing further updates as these key work programmes are advanced.”
EIS Co-Funded 450m Diamond Drilling
NMR has now completed the drilling of four HQ2 diamond drill holes which commenced on July 26, 2021.
Drilling was aimed at testing the depth and characteristics of the target vein at approximately 50m down-hole depth, but also to extend beyond the vein into the footwall host rocks (granites) in order to test for changes in rock types that are not exposed at the surface due to shallow cover.
The recovery of rock chip samples from surface and the previous field mapping of the structure(s) demonstrates that the vein is a nuggety gold-type, narrow vein style of mineralisation.
Accordingly, small volumes of rock chip samples cannot be used to provide a precise and accurate estimation of the overall grade of the vein.
To overcome the irregular distribution of gold, NMR commenced a 1,000t bulk sampling programme. The vein material has been excavated over an approximately 130m long section and the material sent for toll treating at the nearby Golden Mile Lakewood processing plant.
Excavation to over 3.0m in places has revealed that the target vein retains a relatively consistent width of between 1.0 and 2.0m. Localised sections exist where the vein narrows and expands. In parallel with the bulk sampling, rock chip samples have been collected from along the vein during excavation and these have also been sent for assay. The results of the sampling will be used to compare with the outcomes of the Toll Treating of 1,000t of vein material.
Key activities underway / completed include:
• Earthwork and trenching of sample area commenced on August 2, 2021.
• Completion of 1,000t quartz vein bulk sampling on August 27, 2021.
• Commence cartage of vein quartz on August 23, 2021 from Music Well to Golden Mile Lakewood Facility and expected final delivery to Lakewood Run of Mine (ROM) by September 1, 2021
• Toll Treating of the 1,000t vein material to be commenced on September 2, 2021.
• Toll Treating to be completed by September 5, 2021 with result will be available in the following week.
For further information please visit: https://nmresources.com.au/
