Bardoc Gold’s broad gold hits highlight potential for resource growth

By Deputy Chief EditorMay 6, 2020

143 1 minute read

Bardoc Gold Ltd (ASX:BDC) has intersected further broad zones of gold mineralisation in recent reverse circulation (RC) and diamond drilling at the satellite Mayday North deposit within the wider Bardoc Gold Project in WA.

The company believes the results correlate with intersections from late February, provide evidence of the presence of a large mineralised system and highlight the potential for growth in the mineral resource.

Further widths of gold mineralisation intersected include:

25.7 metres at 2.2 g/t from 79.7 metres, including 6.2 metres at 4.09 g/t from 96 metres;
16.8 metres at 1.36 g/t from 85 metres; and
6 metres at 3.95 g/t from 42 metres.

The company is now ramping up exploration at Mayday North with geophysical and geological surveys to define targets for additional drilling.

Potential to be “cornerstone” resource[hhmc]

Chief executive officer Robert Ryan said: “The latest drilling results support our previously announced exploration target and, perhaps more importantly, show the potential for a large-scale mineral system that offers excellent potential for further breakthrough discoveries.

“This potential is growing as we continue to expand our knowledge of the deposit and the surrounding area through intensive exploration and high-quality technical and scientific work.

“Given that minimal exploration has been completed over this area in the past two decades, we will utilise modern exploration techniques to define new mineralised trends and high-grade conductors, as we look to further expand the current 79,000-ounce resource.

“The excellent results from Mayday North further highlight the strong pipeline of exploration projects we have at the Bardoc Project that supports the potential for future resource and reserve growth above and beyond what we have outlined in our recent PFS.

“Given the clear potential for Mayday North to become one of our cornerstone resources, we are looking forward to accelerating our exploration activities in this area over the coming months.”