Bardoc Gold Ltds (ASX:BDC) recent diamond core drilling at the Aphrodite deposit of its Bardoc Gold Project north of Kalgoorlie in WA has intersected further broad zones of gold mineralisation outside the current ore reserves.
Aphrodite has two main lodes, Phi Lode and Alpha Lode, with results from a two-hole diamond drill program confirming high-grade extensions outside of ore reserves at the Alpha Lode.
Best results are 15.1 metres at 6.58 g/t from 418.1 metres including 5.3 metres at 15.86 g/t from 418.1 metres, and 6.7 metres at 3.01 g/t from 402 metres.
The Aphrodite deposit has total ore reserves of 500,000 ounces, comprising open pit reserves of 2.83 million tonnes at 2.3 g/t for 210,000 ounces and underground reserves of 2.38 million tonnes at 3.7 g/t for 290,000 ounces.
“Results underpin robust PFS”[hhmc]
Bardoc Gold chief executive officer Robert Ryan said that ongoing drilling across the Bardoc project was continuing to enhance key deposits and improve confidence levels in the companys robust pre-feasibility study (PFS).
He said: “The strong drilling results from Aphrodite continue to build confidence in our mine plan, which underpins the strong financial metrics within the PFS.
“The infill drilling to date has been a resounding success with widths and grades at all deposits being above modelled expectations.”
Aphrodite Alpha Lode Cross section 6660145mN, looking north
Ongoing exploration[hhmc]
RC drilling is now underway ahead of a planned quarter three resource update.
Ryan said: “Reverse circulation drilling has commenced at Zoroastrian, Excelsior and Aphrodite, as we work towards our next comprehensive mineral resource update for the Bardoc Gold Project which we are targeting in the September quarter.
“These programs should generate steadily increasing news flow in the weeks ahead.”
Results from recent exploration and extensional RC drilling at Mayday North are also due in the coming weeks and sampling of historical 1990s (and earlier) drilling at North Kanowna Star has been completed with pXRF analysis underway.
Next steps[hhmc]
In the coming months, the company plans to complete the following activities to progress the definitive feasibility study (DFS) for the project:
- Definitive design work on the process plant site, tailings dam, waste dumps and ROM pad locations which will be confirmed by several aircore drilling prRead More – Source
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