viewBligh Resources

Bligh Resources confirms wide, high-grade gold extensions at Bundarra

The project hosts a JORC 2012 resource of 431,000 ounces of gold averaging 1.9 g/t gold.

Gold symbol on the elementary table
Bligh is aiming to expand its current gold resource inventory

Bligh Resources Ltd (ASX:BGH) has intersected significant grades and widths of gold at its Bundarra Gold Project in the Eastern Goldfields region of Western Australia.

Drilling highlights include:

- 25 metres at 5.13 g/t gold from 363 metres, including 12 metres at 8.45 g/t gold from 375 metres;
- 26 metres at 5.28 g/t gold from 354 metres, including 10 metres at 8.89 g/t gold from 358 metres; and
- 35 metres at 1.64 g/t gold from 424 metres, including 6 metres at 2.5 g/t gold from 435 metres.

Established resource with a potential for growth

The Bundarra Gold Project lies within the Norseman‐Wiluna greenstone belt of the Archean Yilgarn Craton, circa 65 kilometres north of Leonora.

To date, more than 6,400 holes have been drilled with an accumulated drill depth of more than 210,000 metres.

The project hosts a JORC 2012 resource of 7 million tonnes averaging 1.9 g/t gold for a total of 431,000 ounces of gold across five deposits.

Bligh is aiming to expand its current gold resource inventory which is defined near to and beneath the existing open pits within the project area.

New drilling results confirm high‐grade extension

The results from the latest drilling have confirmed that a significant high‐grade zone extends to a depth of at least 350 metres below the Wonder North open pit and remains open at depth.

The latest results combined with results from the December 2016 drilling provide strong support for an increase in resources at depth.

Bligh is now in the process of compiling and interpreting all new results so that an updated resource block model estimate can be completed.

A review of the updated resource model will be used to plan and design the next drilling program at the project.

Quick facts: Bligh Resources

Price: - -

Market: ASX
Market Cap: -

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Electric vehicle sales to accelerate following coronavirus pandemic

Roskill analyst Jose Lazuen tells Proactive London's Andrew Scott severe falls were expected in EV sales but that European and Chinese policies coupled with consumer preferences have shown them to remain strong. He adds that policy is going to favour and push EV sales in certain jurisdictions...

1 day, 6 hours ago

2 min read