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Bardoc Gold Ltd

Bardoc Gold intersects high-grade gold up to 16.2 g/t in extensional hole at Zoroastrian deposit near Kalgoorlie

Results confirm the continuity of the Zorastrian deposit, the second largest deposit in the Bardoc Gold Project, highlighting the opportunity for additions to the resource inventory.

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The project is 30 kilometres north of Kalgoorlie on the Goldfields Highway

Bardoc Gold Ltd (ASX:BDC) has received further encouraging results from a program of extensional drilling at the Zorastrian deposit within its 2.6-million-ounce Bardoc Gold Project.

The diamond drill hole KND19002 targeted multiple lodes within the fractioned dolerite unit at Zorastrian. 

Results confirm the extension of the fractionated unit southwards as predicted by the exploration model based on a structural interpretation of core, logging of alteration and machine learning.

Lodes contain multiple high-grade gold shots

Bardoc Gold managing director John Young said: “The latest results have confirmed the continuity of the multiple high-grade zones intersected in the previous diamond hole reported earlier this month.

“This has confirmed the up-plunge extensions of the known mineralisation within the Blueys South and Zorastrian South lodes, each consisting of multiple high-grade gold shots.

“This deposit is clearly opening up at depth and our new geological interpretation allows us to target extensions of the known high-grade mineralisation with far greater accuracy.

“A third diamond hole will be collared this week to target shallower or up-plunge extensions of the deposit.”

Results

Diamond drilling has been completed to target potential up and down-plunge extensions for two of the multiple high-grade lodes.

The best result includes 9.3 metres at 4.32 g/t from 260.7 metres, including 3 metres at 7.34 g/t from 265 metres.

This result is 55 metres up-dip of the previously reported result of 19.07 metres at 6.38 g/t.

Similarly, the Blueys South lode returned 3.85 metres at 16.29 g/t from 123.5 metres up-dip of the previously reported intersection of 7.55 metres at 6.52 g/t.

The geology is now better understood with the Bank of England lode intersected at depth.

Exploration target

The company also generated an exploration target under the JORC 2012 code for the deposit consisting of 1.21-1.5 million tonnes at an average gold grade ranging from 3.36 to 4.2 g/t gold for a total of 140,000-224,000 ounces.

Exploration and modelling of the mineralised structures were completed to a depth of 600 metres with the targeted zones remaining open at depth and down-plunge. 

Future exploration plans

The company plans to advance the Zorastrian deposit in 2019 by:

  • A combination of reverse and diamond core drilling to infill and extend the mineralisation;

  • Modelling and investigation of the fractioned portion of the dolerite to better understand its dimensions and geochemistry;

  • Mineral resource modelling up and exploration target as appropriate; and

  • Generation of new targets at the deposit.

- Jessica Cummins

Quick facts: Bardoc Gold Ltd

Price: $0.12

Market: ASX
Market Cap: $141.02 m
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