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Black Dragon completes first on-ground exploration works at Padbury Gold - The Pick Online Magazine

Written by Staff Writer | Oct 10, 2022 9:57:18 AM

Black Dragon Gold Corporation (ASX:BDG) has confirmed its first phase of exploration reconnaissance soil sampling programme has been completed at its recently acquired Padbury Gold Project, located northwest of Meekatharra in Western Australia.

The initiative is the first step in Stage One of a new exploration programme that is targeting gold anomalies via soil samples across a 15km trend of gold occurrences identified in prospecting and historic stream sediment sampling. Samples were collected along watershed ridge lines between 400m and 1.2km apart, with sample spacing between 80m and 600m apart.

All samples have now been prepared and are at an independent laboratory in Perth for assaying with results expected within six weeks.

Black Dragon’s Marlee Gold acquisition the Padbury Gold Project lis ocated approximately 90km north-northwest of Meekatharra in Western Australia on the Yilgarn Craton margin.

Previous exploration consists principally of prospecting, with minimal exploration using contemporary techniques. Historical prospecting data has been compiled and identified multiple extensive gold occurrences hosted in granite, generally in flakes and nuggets with some still attached to vein quartz, indicating a proximal source.

Black Dragon Managing Director and CEO, Gabriel Chiappini said Stage One exploration at the highly prospective and under-explored Padbury Gold Project presented an opportunity to consolidate previous prospecting work and to outline a gold system and structure and identify drill targets.

The programne is applying modern exploration techniques to determine the extensiveness of gold mineralisation, with a view to identifying drill targets,” Mr Chiappini said.

“I’m pleased that we have been able to undertake exploration work within the first month of acquiring Padbury Gold Project in the North Yilgarn Craton. We expect to receive the sample analyses in the next six weeks with a view to progress to our next phase of exploration. Our exploration team encountered significant quartz outcropping fields with a significant number of surface samples taken in the vicinity of these outcrops.”

https://www.blackdragongold.com/