MOY 0.00% 5.1¢ millennium minerals limited

New high-grade drilling results expand open pit and underground...

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  1. 15,831 Posts.
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    New high-grade drilling results
    expand open pit and underground
    potential at Golden Gate
    Latest results include 13m @ 7.13g/t Au, supporting
    plans to establish a major new mining hub at Nullagine
    Drilling at Golden Gate Mining Centre has delivered new highgrade results, with recent assays including:
    Condor Northwest

    13m @ 7.13g/t Au from 57m, incl. 2m @ 26.2g/t Au and 2m @
    13.64g/t Au (CORD120)

    7m @ 3.02g/t Au from 22m, incl. 1m @ 12.35g/t Au (CORD114)
    7m @ 3.18g/t Au from surface, incl. 2m @ 7.30g/t Au (CORD115)
    4m @ 3.20g/t Au from 65m, incl. 1m @ 7.35g/t Au (CORD102)
    Condor

    12m @ 3.07g/t Au from 98m, incl. 4m @ 6.46g/t Au (CORD095)
    5m @ 3.49g/t Au from 172m, incl. 1m @ 10.65g/t Au (CORD129)
    2m @ 4.35g/t Au from 65m, incl. 1m @ 8.03g/t Au (CORD099)
    ABC Reef

    7m @ 6.13g/t Au from 96m, incl. 3m @ 11.04g/t Au (ABCRD037)
    9m @ 2.66g/t Au from 129m, incl. 1m @ 16.4g/t Au (ABCRD037)
    10m @ 2.67g/t Au from 94m, incl. 2m @ 9.27g/t Au (ABCRD049)
    Golden Gate expected to host Millennium’s second underground
    mine development at Nullagine (along with Bartons), with
    completion of a maiden underground Ore Reserve underway.

    Results support Millennium’s sulphide plant expansion and
    strategy to maintain a 100kozpa gold production rate in 2019.

    Millennium Minerals Limited (ASX: MOY) (“Millennium” or the “Company
    is pleased to advise that ongoing drilling at the Golden Gate Mining Centre,
    part of its 100%-owned Nullagine Gold Project in Western Australia, is
    delivering very positive results, confirming its potential to form a major new
    mining hub that will form a key part of its future production plans.
    The Golden Gate Mining Centre is located approximately 36km north-east
    of the Nullagine processing plant (see Figure 1), and has delivered some of
    the highest-grade gold deposits mined at the Nullagine Project to date.
 
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