NTM Gold Ltd (ASX: NTM) has identified a number of new anomalous gold trends at its 100%-owned Redcliffe Gold Project located near Leonora, Western Australia.
The company has completed a 125-hole air core drill programme, which identified the new anomalous gold trends to the north and south of the Hub prospect.
NTM Gold Managing Director Andrew Muir said some of these new trends are over 800m long with a number of +0.5g/t intercepts in 5m composite samples and may represent strike extensions of the current Hub mineralisation.
He added that gold anomalism associated with Hub can now be traced for over 3km.
Mr Muir said that following the recently completed RC programme at Hub, the remaining 1m resamples have been received. He said the resamples, taken from the initial 5m composite samples, have closely aligned to the initial composite samples, but given better definition on grade distribution.
In addition, the 1m samples from the holes at the very north and south of the prospect have confirmed the strike length of the mineralisation of at least 1,130m, and still open to the north and south.
RC drilling has recommenced at Hub with a +5,000m program underway. This programme is targeting northern, southern and depth extensions identified in the last RC programme.
Drilling will also test grade continuity close to surface. Furthermore, a modest diamond programme is planned for December with timing dependent on rig availability.
The RC resamples have confirmed the grades and continuity of mineralisation at Hub and continue to highlight the mineralised systems potential,” Mr Muir said.
“With a 1,130m strike and remaining open to the north, south and at depth, Hub continues to grow with each drill programme.
“The recent air core program continues this theme, delivering highly encouraging results which may represent further strike extensions to Hub.
“These new anomalies will be followed up in the new year after the current RC programme is completed.“
