The Binduli project comprises circa 100 square kilometres of under-explored tenements located 5-20 kilometres northwest of Kalgoorlie-Boulder.
Under the terms of the Binduli joint venture agreement, Evolution can earn 70% of the project by spending $4.6 million over 5 years.
Evolution is drilling up to 39 angled drill holes to depths of 100-120 metres and will test high priority geochemical and structural targets at the Coot & Crake and Honey Eater prospects.
It is worth noting that the Binduli area is bound to the west by the highly prospective Zuleika Shear Zone and to the east by the increasingly important Abattoir Shear Zone.
At the Coot & Crake prospects, 26 holes are planned to test for new mineralisation for circa 2 kilometres north along strike from previously identified mineralisation with a best intercept of 15 metres at 5.59 g/t gold from 71 metres.
At the Honey Eater prospect located four kilometres southwest of Intermin’s Teal gold mine, 13 holes are planned for 1,380 metres to test new targets along strike from historic drill intercepts.
The drilling is expected to take up to four weeks.
Earlier this month, drilling at the Teal gold project northwest of Kalgoorlie-Boulder intercepted spectacular widths and grades of gold.
Significantly, the drilling was successful in extending the mineralisation beyond the current resource envelope to the north, south and at depth.
Intermin is expecting news flow from multiple projects including drilling results from the Kalgoorlie gold projects, Nanadie Well JV drilling updates and gold production/development updates from the Teal gold mine.