Metaliko Resources (ASX:MKO) expects to complete a reverse circulation drill program targeting priority gold targets at multiple prospects across the Yandal and Kalgoorlie projects in Western Australia to be completed in early May.
Results from the 53 hole program totalling about 2,500 metres are expected in late May/early June.
The drilling is planned to confirm and extend known mineralisation in specific areas.
At the Yandal Project, all drilling was conducted at prospects that are located between 12 to 25 kilometres from the Bronzewing Treatment Plant.
The programs at Anomaly 45 and Woorana are designed to confirm mineralisation identified in extensive historic drilling and provide sufficient geological data to define initial JORC Compliant Resource Estimates at each of the prospects.
At the Fat Lady prospect the drilling is designed to test deeper ore zones for higher grade material while at Mandaline Well two scissor reverse circulation holes aim to confirm and extend a previous (and isolated) nickel oxide surface intercept of 17 metres.
Drilling at the Goongarrie Lady Deposit will test for depth and strike extensions to the southern end of the existing shallow JORC Resource Estimate.
In addition, up to nine angled holes are planned to be drilled at the Baden Powell North Prospect to test a high tenor gold-in-soil anomaly over a mineralised contact that has been partially tested by historic drilling.
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