Renaissance Minerals (ASX:RNS) has commenced first pass drilling at the Area 1 gold Prospect located 3 kilometres from its 1.2 million ounce Okvau Deposit in Cambodia.
An initial 3,500 metres of reverse circulation drilling has been planned to confirm geological interpretation and test for shallow mineralisation beneath anomalous surface geochemistry.
The Area 1 Prospect has not previously been tested with drilling, and is characterised by widespread gold anomalism covering a strike length of 1,200 metres and a width of 600 metres.
Within this area, two coherent zones of anomalous gold up to 1000 ppb, and averaging 185 ppb, have been defined.
Wide zones of sheeted veins dipping to the south-west have also been logged in several trenches, and combined with geochemistry, define the trend of an interpreted broad shear zone with a north westerly strike.
At Okvau, results from earlier this month included 6 metres at 9.49 grams per tonne gold from 9 metres, and 8 metres at 5.95 grams per tonne gold from 61 metres.
These results highlight the potential to continue to grow the 1.2 million ounce Okvau deposit, and importantly, this growth potential comes from near surface mineralisation amenable to low cost open pit mining.
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