01/11/2021 - 14:55

Bardoc onto high-grade shallow gold near Kalgoorlie

01/11/2021 - 14:55

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Bardoc Gold is continuing to deliver significant shallow gold intercepts at its North Kanowna Star project near Kalgoorlie. Noteworthy drill results include 9 metres grading 2.45 grams per tonne gold from 61m, 1m going 18 g/t gold from 47m and 3m grading 5.63 g/t gold from 69m. North Kanowna Star is 29 kilometres southeast of Bardoc’s 3 million ounce namesake project.

Bardoc onto high-grade shallow gold near Kalgoorlie
Bardoc Gold RC drilling at North Kanowna Star project. Credit: File.

Bardoc Gold is continuing to deliver significant shallow gold intercepts at its North Kanowna Star project near Kalgoorlie. Noteworthy drill results include 9 metres grading 2.45 grams per tonne gold from 61m, 1m going 18 g/t gold from 47m and 3m grading 5.63 g/t gold from 69m. North Kanowna Star is 29 kilometres southeast of Bardoc’s 3 million ounce plus namesake  project, the Bardoc Gold project.

Bardoc has significantly upgraded the potential scale of the North Kanowna Star project off the back of the latest round of drill results. The company said the mineralised corridor at North Kanowna Star now hosts more than 10 prospects and is comparable to Bardoc’s 1-million-ounce plus Zoroastrian-Excelsior corridor, located a short drive to the northwest of North Kanowna Star.

Other notable drill hits at North Kanowna Star include 1.2m grading 13.6 g/t gold from 35.8m downhole, 13m going 1.03 g/t gold from 26m and 2.4m returning 5.53 g/t gold from 44.4m.

Recent drilling comprised an aggregate of 98 aircore holes for 5,562m, 47 RC holes for 6,205m and three diamond core holes for 224m across the various North Kanowna Star prospects.

The Ngaliema prospect, within the North Kanowna Star project area, sits on a magnetic high trending north-northwest. Ngaliema returned some notable results including 7m grading 3.66 g/t gold from 68m, 18m going 0.79 g/t gold from 48m and 5m grading 1.05 g/t gold from 40m. The drilling aimed to extend and expand the mineralisation intersected in Bardoc’s initial air core drill program completed in 2020 that tested a 500m strike and returned numerous gold anomalies at the prospect.

First pass AC drilling at the Duwoni prospect, also within the Kanowna Star project, has returned significant bottom of hole gold mineralisation including 1m grading 2.88 g/t gold from 43m and 3m going 1.10 g/t gold from 32m. Bottom of hole mineralisation is generally considered important as it represents the targeted bedrock gold content. The company said the Duwoni prospect is interpreted as being on the southern extension of the same basalt unit at the Ngaliema prospect.

A mineral resource of 32,000 ounces of gold is contained within the Perseverance Wedge deposit at the North Kanowna Star project. Three diamond drillholes for 224m were undertaken to gather metallurgical information including a density analysis that is expected to boost the mineral resource estimate classification and potentially allow an ore reserve to be calculated, according to Bardoc.

The Bulletin South deposit at North Kanowna Star has mining approval and a current open pit ore reserve of 35,000 ounces of gold. Bulletin South is located only eight kilometres south-southwest of the lucrative Zoroastrian-Excelsior corridor. Diamond drilling from the area returned results including 22.9m grading 2.31 g/t gold from 68.7m downhole and 14.6m going 1.11 g/t gold from 103.5m

The Bardoc gold project has a contiguous landholding spanning 250 square kilometres and hosts the junction of the Bardoc Tectonic Zone and the Black Flag Fault. Both structures host many multi-million-ounce gold deposits, including the world class Golden Mile in Kalgoorlie.

Bardoc Gold’s Executive Director, Neil Biddle said: “The scale of the alteration and mineralisation across the North Kanowna Star project area is truly exceptional, extending over more than 3km in length, similar in strike to the Zoroastrian/Excelsior corridor that forms the backbone of our 3.07Moz Bardoc Gold Project.”

“North Kanowna Star is emerging as a long-term exploration project, where we see an opportunity to delineate substantial new Resources with the potential to provide strong additional value to the Bardoc Gold Project.”

With the gold price continuing to hold up and Bardoc managing to consistently hit paydirt at its north Kalgoorlie based operations, all eyes will be focussed on the ASX-listed company as it seeks to eek out a golden future for itself in the richly endowed Kalgoorlie region.

 

Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au

 

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