The 20-hole, 1,800-metre reverse circulation (RC) program follows up the recent maiden program which intersected gold mineralisation over a continuous 500-metre strike.
Highlights from maiden drilling included 20 metres at 1.93 g/t gold from 12 metres including 8 metres at 4.29 g/t gold.
This follow-up program is expected to take up to three weeks to complete with initial assay results due in December.
PNX’s managing director James Fox said: “We are excited to commence stage II drilling at Cookies Corner which is designed to test for extensions to gold mineralisation discovered in our successful initial drill program.
“We look forward to receiving the results of this new drill program which will assist in building our understanding of the controls over the gold mineralisation at Cookies Corner, and to then apply this knowledge to a number of other untested similar gold in soils anomalies in the area.”
The Burnside exploration project is in the Pine Creek region, an area which has produced over 3.2 million ounces of gold.
Furthermore, the project is less than 30 kilometres from PNX’s flagship Hayes Creek Zinc-Gold-Silver Project.
Drilling at Cookies Corner is part of a broader exploration campaign with the objective of making discoveries to either supplement Hayes Creek or operate as standalone mining operations.