Westgold Resources Limited (ASX: WGX) has confirmed high-grade intercepts from first assays from early stage exploration drilling at the Sovereign Reef target located at the Day Dawn Mining Area in Western Australia.
Day Dawn forms part of the Cue Gold Operations and has been targeted as part of Westgold’s renewed exploration focus. Sovereign is located ≈300m into the hanging-wall of the historic Great Fingall mine and approximately the same distance into the footwall of the Golden Crown mine. These two operations collectively produced >1.5Moz of gold from high-grade quartz reef systems hosted within the highly prospective Great Fingall Dolerite.
Current Westgold defined Mineral Resources across Great Fingall and Golden Crown total 1.85Mt @ 8.36g/t Au for 497koz.
These early assays from Sovereign tick all the boxes as they are high-grade, relatively shallow and located in the right address,” Managing Director, Wayne Bramwell, said.
“Westgold’s exploration team is now accelerating the Sovereign programme to determine the potential of this linking reef structure proximate to our iconic high grade Great Fingall and Golden Crown Reefs.”
Best intersections from the three RCD holes drilled included: 8.50m @ 4.84g/t Au from 218.35m in hole 22GFRD003, including 4.40m @ 8.01g/t Au from 218.35m and 8.50m @ 1.87g/t Au from 229.50m in hole 22GFRD002
The Sovereign Reef target was generated from evaluation of historic 1920’s era mine plans which suggested that the 9 Level south drive, into the Great Fingall hanging-wall, had intersected an un-named reef system which at that time may have been constrained by tenure.
As an initial test of this target, three holes were drilled from the surface with RC pre-collars and diamond core tails. The holes were designed to intersect the target approximately 30m apart testing ≈100m of interpreted strike approximately 180m below surface. Significant drill results returned included 4.40m @ 8.01g/t Au in hole 22GFRD003 and 8.50m @ 1.87g/t Au in hole 22GFRD002.