Okapi Resources Limited (ASX: OKR) is proposing to undertake a drilling programme at its 100% owned Enmore Gold Project in northern New South Wales, Australia.
The objective of the programme is to follow up on the drilling completed in 2021 at the Sunnyside Prospect, which demonstrated potential extensions of the mineralised zone along strike and at depth.
Managing Director Andrew Ferrier said the planned diamond drilling will also add significantly to the structural and lithological information on the project and aid interpretation of the controls of mineralisation moving forward for future drill programs.
“While the company remains focused on advancing and developing its key uranium assets in North America, the Enmore Gold Project in NSW remains an important project for the team and we are excited by the upcoming drilling programme, which is expected to commence in late March.
“The proposed 1,800m diamond drilling programme is focused on the Sunnyside prospect, which generated significant gold intercepts in the last drilling program completed by Okapi in 2021.
“The objectives of the additional drilling are to focus on testing the high-grade mineralisation along strike and down dip at Sunnyside East and also to drill at depth beneath the existing near surface oxide mineralisation at the main Sunnyside prospect.”
Enmore Gold Project
The Enmore Gold Project is located in the New England Fold Belt, approximately 30km south of the regional centre of Armidale in northern New South Wales.
The operating Hillgrove Gold Mine is located approximately 20km north of Enmore and has produced over 730,000oz of gold.
Gold was first discovered in the Enmore area in 1876 and intermittently mined till 1940, with mining continuing today at the nearby Hillgrove Mine.
Most previous exploration has targeted very shallow mineralisation, with approximately 233 holes completed prior to Okapi’s involvement. Of these, 153 holes are less than 50m in depth and only 41 holes are greater than 100m in depth.
There is significant exploration potential at Enmore, with 36 identified mineral occurrences – the majority of which are untested by deep drilling, modern geophysics or other targeting methods applied across the project.
The mineralisation at Enmore generally comprises structurally controlled orogenic style gold (± antimony) mineralisation.
Okapi completed ten Reverse Circulation (RC) drillholes for 1,257m during 2021 across three prospects at Sunnyside East, Sunnyside West and Bora. Assay results returned significant results from all 10 of the holes.
Proposed Drilling Programme
In January 2022, Okapi engaged Geos Mining in Sydney, NSW, to design and supervise the upcoming drilling program at the Enmore Gold Project. The proposed drilling programme has been formulated in close collaboration with Geos Mining, who have completed a detailed review of all the existing data, considerable data compilation and a site visit to the project in February 2022.
The proposed programme includes a total of 11 diamond drillholes (1,800m) to test the Sherwood (2 holes) and Sunnyside (nine holes) Prospects.
Down hole surveys and core orientation measurements will be taken and all core will be geologically logged, photographed and marked up for sampling. Sampling intervals will be based on lithology, alteration and mineralisation style with maximum intervals of one metre.
For further information please visit: https://www.okapiresources.com/
