Intermin Resources Limited’s (ASX:IRC) drilling has extended the strike length of gold mineralisation at its Baden Powell gold project, located 60 kilometres north of Kalgoorlie-Boulder in Western Australia.
The drilling was designed to test for shallow strike extensions to previously identified mineralisation adjacent to a historical shallow open pit mine.
Jon Price, managing director, said: “The results from Baden Powell are encouraging given they have extended the strike length of the mineralisation and demonstrated the system is developing at depth.
“Follow up work is planned for the second half of 2018.
“Anthill and Jacques Find will be prioritised given recent drilling success and we eagerly await results from the current drilling at Blister Dam due early in the March Quarter.”
Encouraging second stage drilling results at Baden Powell
The 2017 drilling program at Baden Powell comprised eight reverse circulation holes for 1,164 metres and was completed in two stages.
Intermin’s first five holes in the program included a new discovery - 17 metres at 3 g/t gold from 104 metres.
The final three holes (second stage) for 590 metres have now been completed.
Best downhole intercepts include:
- 14 metres at 1.87 g/t gold from 129 metres; and
- 10 metres at 1.30 g/t gold from 183 metres.
It is likely that given Intermin’s recent drilling success at the Anthill and Jacques Find projects these will be prioritised for substantial follow up in 2018.
Meanwhile, the results from the 2017 program at Baden Powell are encouraging as most holes intersected significant mineralisation at depth.
These holes are the deepest completed at the project and have provided encouragement to conduct further drilling.
At Baden Powell, the company will focus on low level exploration work, including a soil mapping program and possibly an induced polarisation (IP) survey.
The company seems to be spoilt for choice as it plans large scale self-funded drilling programs in 2018.