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Gulf Mines’ sampling defines 1.4km long gold anomaly in Western Australia

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Gulf Mines (ASX: GLM) has completed an auger soil sampling program at its Braemore Gold Project in Western Australia which has confirmed northwest to southeast and north to south gold mineralised trends over a strike length of about 1.4 kilometres.

The results indicate that the Southern Prospect remains the priority target within the Braemore Project and is defined by results of greater than 50 parts per billion gold and 100ppb gold.

There are also north to south components within the overall Southern Prospect gold anomaly, which is about 100 metres in width and has a peak value of 534ppb gold.

Additional sampling identified significant (>30ppb gold and >20ppb gold) smaller gold-in-auger soil anomalies not previously recognised or tested.

The results from the auger soil sampling program will be used as a guide for further drill testing of the main prospects within the Braemore Project.

The Southern Prospect has demonstrated the potential to host small to medium sized but high grade gold accumulations within both the regolith profile and in fresh rock.

Another works program is scheduled to begin shortly.


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