Kingwest Resources resumes Menzies Gold Project drilling targeting high-grade extensions
Kingwest Resources Ltd (ASX:KWR) has resumed extensional reverse circulation (RC) drilling at the Menzies Gold Project (MGP) targeting high-grade extensions to the current mineral resources. Around 4,000 metres of drilling is planned at the Lady Shenton, Lady Harriet and Yunndaga Systems. Drilling is set to target areas deeper than the current 446,000-ounce resource. Time to pursue deeper high-grade extensions Chief executive officer Ed Turner said: Now that we have proved up significant near-surface MREs at Menzies and the economic case for mining them in our scoping study completed in March 2021, it is time to pursue deeper high-grade extensions that could be included in future underground MREs. Our extensional drilling already completed has intersected numerous very high grade mineralised zones that warrant more extensive drilling. Follow-up RC drilling at Goongarrie to better test the exceptional high-grade mineralisation intersected in KGA038 in the first pass air core drilling is also eagerly anticipated. We also wait on the availability of a track-mounted air core rig to test the high priority targets that lie under the northern part of Lake Goongarrie, which have never been drilled. This is expected to commence in early July and will comprise 3,500 metres of drilling. Well-placed to continue strategy RC drilling comprising 1,200 metres at Goongarrie will follow to better test depth and strike extensions to aircore results that included 38 metres at 3.1 g|t gold from 62 metres in drill hole KGA038.
Kingwest Resources resumes Menzies Gold Project drilling targeting high-grade extensions
Kingwest Resources Ltd (ASX:KWR) has resumed extensional reverse circulation (RC) drilling at the Menzies Gold Project (MGP) targeting high-grade extensions to the current mineral resources. Around 4,000 metres of drilling is planned at the Lady Shenton, Lady Harriet and Yunndaga Systems. Drilling is set to target areas deeper than the current 446,000-ounce resource. Time to pursue deeper high-grade extensions Chief executive officer Ed Turner said: Now that we have proved up significant near-surface MREs at Menzies and the economic case for mining them in our scoping study completed in March 2021, it is time to pursue deeper high-grade extensions that could be included in future underground MREs. Our extensional drilling already completed has intersected numerous very high grade mineralised zones that warrant more extensive drilling. Follow-up RC drilling at Goongarrie to better test the exceptional high-grade mineralisation intersected in KGA038 in the first pass air core drilling is also eagerly anticipated. We also wait on the availability of a track-mounted air core rig to test the high priority targets that lie under the northern part of Lake Goongarrie, which have never been drilled. This is expected to commence in early July and will comprise 3,500 metres of drilling. Well-placed to continue strategy RC drilling comprising 1,200 metres at Goongarrie will follow to better test depth and strike extensions to aircore results that included 38 metres at 3.1 g|t gold from 62 metres in drill hole KGA038.