Kingwest Resources Limited (ASX: KWR) has obtained high-grade results from the recent RC infill drilling campaigns at the Stirling and Pericles Deposits within the flagship Menzies Gold Project in Western Australia.
It is pleasing to see the high-grade results continuing to flow from our recent drilling campaign,” Executive Chairman, Greg Bittar, said.
“Interestingly the logging at Pericles has identified several instances of different mineralisation types similar to those seen at the Lady Shenton pit where three lodes were mined in the open pit.
“Similarly at Stirling, the drilling hit >10 g/t Au hits in two out of three holes, which has extended the known mineralisation further and provides a compelling target for extensional drilling of high grade material at depth.
“We have also received positive news from our Selkirk JV partner with regards to detailed metallurgical testwork, discussions with a regional toll milling partner and planned mining commencement in the second half of 2023; which bode well for a fantastic start to an enlarged combined entity with our merger with Brightstar Resources Ltd.”
Stirling and Pericles Infill Drilling
Kingwest recently completed an infill drilling program at the Pericles and Stirling Deposits within the Menzies Gold Project (MGP). Thirteen Reverse Circulation (RC) holes totalling 1,209 metres were completed in the programme.
The Pericles and Stirling deposits reflect the unique potential of the MGP, with near surface and high-grade mineralisation confirmed. Both deposits are expected to be a key component of the project’s future development post the planned merger with Brightstar Resources Ltd.
This recent infill drilling programme was largely designed to improve confidence in the grade and mineralisation continuity within possible pit outlines and to target high grade extensions. The programme has also highlighted opportunities for high grade down-dip extensions, which represent potential target drilling areas for underground mining.