Final Bunyip RC drilling results
A drilling program consisting of 23 reverse circulation drillholes for a total of 1,906 metres has now been completed at the Bunyip epithermal gold prospect.
Promising gold intersections were achieved in early program holes previously reported on 23 March 2018. Several later program holes have recorded lower grades on gold.
The epithermal style of mineralisation discovered is the same as the nearby Pajingo (>3Moz) and Wirralie (1.1Moz) gold deposits.
20 of the 23 holes drilled intersected significant quartz veining, while all 23 holes drilled encountered hydrothermally altered and sulphide-bearing host rocks indicating the presence at Bunyip of a large epithermal system.
The most significant results were returned from an area to the southeast of the summit of Mont Bunyip, the hill that defines the prospect. Mineralised zones in this area are interpreted to be open at depth, giving an area of focus for future follow-up work.
Final Bunyip drilling results
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