ASX-listed gold explorer DiscovEx Resources is gearing up for plenty of Q3 activity after completing a 6000m-plus air-core drilling program at its Sylvania project, 15km south-west of Newman and launching a gravity survey at its Edjudina project, about 250km north-east of Kalgoorlie in Western Australia.
The recently completed Sylvania probe saw the Perth-based company plunge holes across a number of precious metal-focused prospects including 3639m at Peak, 201m at Dingo, 806m at Carneys, 956m at Bondinis and 458m at Hilditch.
The explorer has been drawing up, whittling down and ranking a suite of compelling targets at the Sylvania project over the past year using a raft of programs to vector in on the ground’s potentially gold-rich zones.
Work at Sylvania includes a recent 283-piece soil and rock chip sampling campaign at the newly defined Contact target that unveiled multiple anomalous trends running over 15 parts per billion gold over a 2km strike length within prospective Archean greenstone rocks.
The program was aimed at testing a north-west trending sequence of volcanic sediments, fine-grained mafic rocks and banded iron formation units.
The exploration drive led to the discovery of a raft of anomalous gold from inside an outcropping quartz vein and yielded multiple occurrences of arsenic, silver and antimony – pathfinder minerals commonly used to sniff out precious metals.
DiscovEx interprets four of its recently completed targets — Peak, Dingo, Carney and Bondinis — to be analogous in age to those hosting Capricorn Metals’ 2.1-million-ounce Karlawinda project, 60km south-east of Sylvania.
The company says it is the first time the tenements have seen gold-specific exploration, with much of the historical work at the operation focused on iron ore.
Management has since dispatched initial 4m composite samples to the laboratory and expects to see some results next month.
DiscovEx has also commenced gravity survey work at its Edjudina project.
The program will capture data across a 7km x 7km area around an anomalous trend known as Spartan to develop an understanding of the tenure’s underlying geology.
The survey is expected to span two weeks and will feed into a September air-core program.
The Spartan gold anomaly was initially discovered through a phase 2 infill and extensional soil sampling program that delivered results of up to 544 parts per billion gold.
DiscovEx Resources Managing Director, Toby Wellman said:“Following the company’s successful rights issue and shortfall placement, we have hit the ground running with drilling activities at Sylvania and a geophysical survey at Edjudina.”
The company’s tenure at Edjudina is bound by several notable gold operations including Anglogold Ashanti’s 10 million ounce-plus Sunrise Dam and Saracen Mineral Holdings’ 2 million ounce-plus Carosue Dam mine.
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