Reverse circulation drilling returned high-grade intersections from the three prospects tested - Wallaby, Gibberts and Great Banjo.
Notable Wallaby results are 8 metres at 18.1 g/t gold from 101 metres, including 3 metres at 44.1 g/t, and 9 metres at 14.6 g/t from 70 metres, including 4 metres at 30.2 g/t.
Best results at Gibberts and Great Banjo respectively are 6 metres at 13.2 g/t from 15 metres, including 1-metre at 69.9 g/t, and 3 metres at 4.8 g/t from 33 metres, including 1-metre at 10.2 g/t.
Potential to extend high-grade veins
Nelson Resources managing director Adam Schofield said: “We are very pleased to start the New Year with these strong results.
“In particular, the way they confirm and extend the potential for high-grade gold veins well beyond what has previously been exposed by historic workings and drilling at all three prospects.
“We are very excited to re-start drill testing in the new year and are confident that we can significantly extend on these high-grade results.”
Remnant quartz lodes to be targeted
The program at Wallaby comprised 28 holes totalling 2,642 metres targeting pyrite-bearing quartz veins in shared and altered monzogranite.
Remnant quartz lodes and footwall contact positions will be an exploration target tested later in early 2019.
At Great Banjo, eight holes for 2,243 metres were drilled, which confirmed mineralisation across all three of the Yarri prospects.
At Gibberts the company drilled four holes for 418 metres to test the mineralised structure.
This work confirmed that previous drilling was incorrectly orientated.
Five-week drilling program
Nelson continues drilling across the three prospects with plans to drill around 50 holes for a total of 5,000 metres.
The objective of the five-week program is to delineate ore bearing lodes that have the potential to be economic.
- Jessica Cummins