Northern Star Resources’ (ASX:NST) drilling has returned high grade gold including a bonanza 7 metres at 118 grams per tonne gold at its Paulsens Gold Mine in Western Australia.
The results have extended the known length of its high-grade Voyager 2 lode by 300 metres down plunge and are expected to underpin an updated resource estimate for Paulsens in the June 2015 quarter.
Adding to the interest, the mineralisation remains open and will continue to be tested with ongoing drilling.
Voyager 2 is emerging as a high grade lode that could underpin Paulsens’ production for a number of years.
Mining at Paulsens is currently moving from the Voyager 1 lode, which produced 414,000 ounces at an average grade of 7.8g/t, to Voyager 2.
Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.