11/01/2022 - 14:31

KalGold launches follow up WA gold drilling blitz

11/01/2022 - 14:31

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Kalgoorlie Gold Mining has launched a second RC drill campaign to follow up its initial successes achieved at the company’s La Mascotte and Great Ophir prospects within its Bulong Taurus project just 35kms east of Kalgoorlie. Encouraging results in the initial six hole drill campaign include a 7m hit going 14.87 grams per tonne gold from surface.

KalGold launches follow up WA gold drilling blitz
RC drilling at KalGold’s Bulong Taurus project in WA. Credit: File

Kalgoorlie Gold Mining has launched a second RC drill campaign to follow up its initial successes achieved at the company’s La Mascotte and Great Ophir prospects within its Bulong Taurus project just 35kms east of Kalgoorlie. Encouraging results in the initial six hole drill campaign include a 7m hit going 14.87 grams per tonne gold from surface amongst other notable numbers.

The latest campaign will consist of up to 34 drill holes for 3,300m with up to 12 holes set to be drilled at La Mascotte, 16 holes around the old Great Ophir gold mine and six holes dedicated to a first pass assessment of other prospects in the Bulong Taurus project area.

The first of the drill holes will be sunk into the La Mascotte prospect and will aim to test for potential northern and southern extensions of outcropping gold mineralisation.

Drilling at Bulong Taurus is primarily aimed at building on the success of the first drill program by targeting extensions of known mineralisation. A strong focus will be on the area south of KalGold’s outcropping La Mascotte gold prospect that was recently defined through geophysical, geological and historic drill dataset analysis.

Curiously, gold nuggets from the new target area south of La Mascotte were located recently by prospectors and display an angular shape, indicating they originated locally and have not been transported far according to the company.

Drilling at the Great Ophir prospect, also within the Bulong Taurus project, is primarily designed based on results from a series of shallow costeans excavated in December 2021. The work aims to assess several different gold mineralisation models to enable KalGold to get a better grasp on how the deposit fits together.

Previous exploration efforts at Great Ophir have been limited, with only a handful of holes drilled over a restricted area due to fragmented ownership of the tenement package. For the first time in decades, the Bulong Taurus mining centre has tenure continuity which means modern and systematic exploration strategies can be utilised across the entire area to gain a thorough understanding of the geology. 

KalGold Managing Director Dr Matt Painter said:

“KalGold’s second RC drill program since listing in mid-November aims to build on the success of the Company’s inaugural program. Several prospects at Bulong Taurus will be tested to expand their footprints and prospectivity. This program aims to define and extend daylighting mineralisation at KalGold’s La Mascotte and Great Ophir prospects, with first-pass drilling designed for several other prospects.”

KalGold only listed on the ASX in November last year and the company has wasted no time getting stuck into a drilling blitz that is already onto its second pass. Gold hits from the first pass at Bulong Taurus returned some very encouraging results and with refined targeting strategies underway, the second round of drilling may well set the scene for further potential successes for the newly minted WA based junior explorer.

 

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

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