NTM Gold Ltd’s (ASX: NTM) ongoing drilling campaign has further extended the Redcliffe Gold Project near Leonora in Western Australia.
The latest diamond drill hole testing the mineralisation down plunge at the Hub deposit has increased the vertical continuity of the high-grade material, returning: 7.5m @ 8.1 g/t Au from 405.6m, including 4.4m @ 12.2 g/t Au.
Hole 20RDD004 is approximately 65m vertically above the first hole testing the southerly plunge, 20RDD003, which previously returned: 6.5m @ 7.0 g/t Au from 459m, including 2.5m @ 12.2 g/t Au.
Managing Director, Andrew Muir, said the intercepts are approximately 140m south of the Lamprophyre intrusive that crosscuts Hub and confirm that high- grade material continues down plunge.
The deposit remains open along strike and at depth. Diamond drilling at Hub is ongoing, testing the extents of the southern plunge.
RC drilling is also underway at the GTS deposit, testing depth extensions to existing gold mineralisation. The rig will then move to the Gully area to follow up on historic drilling.
This latest intercept confirms and extends the mineralisation seen in the 20RDD003 and validates the presence of the southern plunge at Hub,” Mr Muir said.
“The next few holes will continue to test the mineralisation and will provide a good insight into the dimensions of the high-grade mineralisation.
“The grades and widths intersected are excellent and highlight that the deposit has outstanding upside beyond the shallow high-grade oxide mineralisation.”
