28/09/1999 - 22:00

New province for Gallery

28/09/1999 - 22:00

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Perth-based junior mineral explorer Gallery Gold Limited has discovered a new gold province in a style similar to the Yilgarn region of Western Australia.

New province for Gallery
Perth-based junior mineral explorer Gallery Gold Limited has discovered a new gold province in a style similar to the Yilgarn region of Western Australia.

A recent RC drilling programme, which by the end of the year will cost the company $3 million, has intersected gold mineralisation which the company believes confirms the prospects of hosting a substantial economic resource.

After shifting its main focus from mining small deposits, Gallery turned its attention to better quality projects. This included its 100 per cent held Mupane gold prospect located in the north east of Botswana, where several gold mines have operated near Francistown since the turn of the century.

Gallery managing director Keith McKay said gold intersections include up to 36 metres at 5.9 grams/tonne.

“The occurrence of high grade gold mineralisation gives real potential for a substantial economic resource to exist at the Mupane project,” he said.

A twenty-two hole RC drilling programme by contractors RA Longstaff & Co tested five strong gold-in-soil anomalies.

Mr McKay said the soil anomalies extended over a strike of about six kilometres in an area not previously drilled.

The drilling has identified three target areas with the potential for open cut operations.

The results have encouraged the company to plan another drilling programme later this year.

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