Abercromby is located on the Wiluna Greenstone Belt, one of
Commenting on
Preliminary drilling observations are highly encouraging
A number of drill holes intersected intervals of intense hydrothermal alteration with breccias containing quartz-carbonate-sericite veining with sulphides. This kind of mineralogy is known to be associated with gold mineralisation intersected elsewhere within the Abercromby project area.
A number of drill holes also intersected the basalt-gabbro contact, which is believed to be the lithological contact that acts as a control on gold mineralisation at Abercromby. Importantly, the zones of alteration encountered by drilling show a close association with this lithological contact. This is a significant geological finding that will assist in further targeting of gold mineralisation and resource definition drilling.
The Company awaits receipt of laboratory assays to confirm the extent of any gold mineralisation intersected, with first assays expected by late
Drill campaign
A number of planned holes were not completed due to time constraints and will be added to the 2021 drill campaign. Additional drilling at Abercromby will be planned once assay results are received and reviewed. Observations of drill hole data referred to above are based on visual interpretation and are, therefore, preliminary in nature. A conclusive determination of any gold or other metal values in the drill holes will be confirmed when laboratory assays are available.
About the
The geology at Abercromby is very favourable for gold mineralisation, with high-grade gold interpreted to be hosted in dolerite sill associated with granophyric zone - similar to gold deposits at St Ives and across the Kalgoorlie Golden Mile. Historic drilling at Abercromby has intersected multiple thick intervals of high-grade gold mineralisation to confirm the presence of a large high-grade gold system.
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Email: enquiry@bmgl.com.au
Disclaimer
Forward looking statements are statements that are not historical facts. Words such as 'expects', 'anticipates', 'believes', 'potential', 'may' and similar expressions are intended to identify forward looking statements. These statements include, but are not limited to, statements regarding future production, resources and reserves and exploration results. All such statements are subject to risks and uncertainties many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed in or implied by the forward looking statements. Investors should not construe forward looking statements as guarantees of future performance due to the inherent uncertainties therein.
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