Discovery of a repetition of the shallow Tomorrow Zone gold mineralisation at a depth of about 200 metres Diamond drill hole DDT015 has intersected a 50-metre zone between 240 metres and 290 metres downhole containing extensive quartz veining and brecciation with common arsenopyrite and pyrite and several occurrences of visible gold. Catalyst Manager Geology, Paul Quigley, describes the zone:
“DDT015 has intersected the expected array of deeper west-dipping fault zones, including that of strongest quartz, arsenopyrite, and gold mineralisation. This fault zone consists of both massive and stringer quartz veins which variably contain carbonaceous stylolites, some of which have provided the chemical environment for gold precipitation. This 31-metre zone displays arsenopyrite crystals both as inclusions in quartz veins as well as coarse isolated crystals throughout sandstone wallrock, both of which are widely recognised as reliable indicators of strong gold-bearing systems in Central Victoria”.
Drill hole DDT018 is currently being drilled. If it follows the same format as Fosterville reefs, the grades should be higher than the up dip results, (15, 13 etc).
Game on.
NML Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
