Campaign Underway To Test 675m Mineralised Gold Trend
QX Resources Limited (ASX: QXR) is ramping up exploration activities across its broader tenement package with an extensive trenching program commencing at the Big Red and Red Dog Au prospects following completion of the successful maiden drill programme at the historical Lucky Break Mine in Queensland.
An extensive trenching programme has commenced at the Big Red and Red Dog Au prospects located in the Clermont Goldfields of Central Queensland.
A Land Access Agreement has been secured and the technical team commences work on site.
A previously reported, infill soil and rock chip sampling programme of over 250 samples on the Big Red area showed a clear gold anomaly over a 675m mineralised trend southwest across the Red Dog anomaly. QX plans to dig six to eight trenches of up to 200m in length and 2m in depth to be excavated across the Big Red and Red Dog prospects.
The results from the trenching will then determine the shallow RC slim line drilling program with 40 holes of up to 60m depth drilled at 60 degrees planned.
Follow up exploration at Lucky Break In addition to the work being undertaken at Big Red and Red Dog, follow up exploration work will also commence this week at the historical Lucky Break mine. Four trenches are planned to better understand the northern extension of the Lucky Break known mineralisation veins.
Channel sampling is also being undertaken on the western wall of the Lucky Break historical pit to assess more of the mineralisation present. As previously reported, a 1,500m reverse circulation (RC) drill program confirmed extensions of gold mineralisation both south and north of Lucky Break.
The 22 RC holes drilled produced results including:
• 2m @ 8.98 g/t Au, from 4m down hole in LB220 including 1m @ 11.55 g/t Au
• 9m @ 1.45 g/t Au, from 45m down hole in LB200 including 3m @ 2.02 g/t Au and 1m @ 2.26 g/t Au
• 5m @ 1.13 g/t Au, from 61m down hole in LB219 including 1m @ 3.21 g/t Au
• 7m @ 0.82 g/t Au from 10m down hole in LB217, including 1m @ 2.16 g/t Au and from 55m down hole, 2m @ 2.51 g/t Au including 1m @ 4.04 g/t Au.
Non-Executive Director, Roger Jackson, said the advancing exploration programme at Lucky Break, and now Red Dog and Big Red is part of QX’s plan to aggressively ramp up exploration activity across its tenements that are highly prospective for gold mineralisation. This is occurring concurrently with the work we have underway on the advanced-stage Anthony molybdenum deposit.
“Following the successful sampling programme at Big Red and Red Dog that defined an extensively mineralised gold anomaly, and after the completion of the maiden drill programme at Lucky Break, we are now ramping up exploration work across our tenements with an objective of defining a large gold resource across multiple project areas within our tenements,” Mr Jackson said.
“We firmly believe this system is vastly under-explored with two historical gold mines being a good indication that there’s more to be discovered here.
“Big Red and Red Dog are exciting targets and so too are the follow-up opportunities we are pursuing at Lucky Break. The works program will be completed in the next week or so and we will report sample results shortly thereafter. Follow up drilling is expected thereafter.”
For further information please visit: https://qxresources.com.au/
