BLACK DRAGON GOLD CORP.
Managing Director,
This drilling permit together with the recent ASX updates, demonstrates that the Company's patient, respectful, collaborative and local focus in managing its permitting programme, is delivering results. The approval of the drilling permit indicates the Government's continued support for sustainable exploration and mining development within the region.' The drill hole locations were based on stringent environmental selection criteria to avoid conflicts with local landowners and to comply with the Government's planning framework.
This drilling campaign's main focus will be to undertake infill drilling to improve the resource classification from inferred to indicated and from indicated to measured, for mine planning and for geotechnical & metallurgical core samples as part of a definitive feasibility study. Black Dragon confirms that any additional drilling, will be subject to the Company progressing its EIA application.
The Salave Deposit consists of a series of stacked horizontal to shallow west-dipping lenses of mineralisation associated with altered (advanced sercitisation and albitisation) fracture zones within the Salave granodiorite. The Salave Granodiorite is a large north-west trending, approximately 500m wide, steeply dipping sill-like intrusive body overlain by metasediments on the western flank of the deposit. The contact between the metasediments and the Salave granodiorite trends approximately north-east and dips gently to the north-west, approximately parallel to the dip of the regional thrust faulting and the Salave Deposit.
The mineralised lenses that form the Salave Deposit pinch and swell and at time these lenses appear to coalesce or are connected by steeper structures, which may act as feeders to the mineralisation within the shallow dipping lenses. As the focus moves deeper through the deposit, the lenses appear to offset and step down to the west and collectively form a tabular zone immediately below and roughly parallel to the contact with the overlying metasediments. Not only have drill holes BD18-01 to 05 confirmed and infilled areas of gold mineralisation within the previous resource model, they have intersected high-grade intervals of gold mineralisation outside of the current resource model, at depth and down dip to the west.
Contact:
Tel: +61 417 717 480
Email: gabriel.chiappini@blackdragongold.com
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