ASX-listed Image Resources has extended its gold mineralisation at the company’s Erayinia-King project to the north after receiving solid assay results from its latest drill campaign at the site near Kalgoorlie.
The explorer and mineral sands miner says the recent infill program recorded significant gold intercepts in the central section of the northern mineralised zone that had previously seen limited drilling exploration.
Assay highlights show a 21m hit going 2.1 grams per tonne gold from 84m including 3m at 8 g/t gold from 94m. A second hole recorded an even wider 37m intercept grading 1.4 g/t gold from 65m including 3m at an impressive 16 g/t gold from 99m. Additional wide results were a 30m section going 1.2 g/t gold from 50m and 20m at 1.1 g/t gold from 63m including 2m grading 3.3 g/t gold from 63m.
Image also recorded a 1m hit at 9.7 g/t gold from 97m in addition to another 1m intercept going 7.2 g/t gold from 52m. The company says a number of intersections remain open at depth and will be followed up with deeper RC drilling in the near future.
The latest assay results come from the explorer’s recently completed drill campaign that included 78 RC holes for 6361m in addition to 62 air-core holes for 2593m.
Image says it has enjoyed a successful run of drilling results across its Erayinia-King project with a total of 309 shallow intersections ranging from between 1m and 13m at a grade of above 0.5 g/t gold. It has also recorded 25 intercepts grading above 4 g/t gold.
The latest drilling was aimed at testing wider gaps between the mineralised zones to check continuity of mineralisation. The company says future drilling will focus on testing higher-grade intersection areas for potential expansion of gold mineralisation whilst searching for higher grades and the identification of potential root zones.
The company’s next phase of RC drilling will focus on the northern end of the north zone where it says more infill is required as some of the existing line spacing is too coarse. A number of targets to the south occur on the western ground magnetic contact where most mineralisation occurs have only been tested with shallow air-core drilling. Further air-core and RC drilling is planned in areas where previous air-core drilling was unable to reach the desired depth.
Image says there is around 3km of potential strike outside the previously identified mineralised areas that have been marked by ground magnetics that correlate with gold mineralisation within the two currently identified areas.
Whilst Image has made its name in the mineral sands over the past few years with its Boonanarring and upcoming Atlas project, its followers will be hopeful it can prove as shrewd when developing its potential gold play.
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By Matt Birney
