Chesser Resources Ltd (ASX:CHZ) is continuing to advance its phase 3 drilling program at Area A and Area D within the Northern Arc discovery at the Diamba Sud Project in Senegal.
A total of eight diamond drill (DD) holes have been completed, with another five expected to be drilled.
- Diamond drilling at Area A has intersected pyrite in strongly altered and often brecciated felsic intrusive, with logging and sampling advancing.
- The strongly altered felsic intrusive appears to be the host of high-grade gold mineralisation previously intersected in Area A RC drilling, with zones generally conforming with the company’s interpretation of easterly dipping mineralised zones.
- Two diamond holes have been completed at Area D, intersecting faulted structures with signs of alteration and sulphides (pyrite).
- Results are expected from mid-January.
Significant drill intersections at Northern Arc and interpretation of mineralised zones
A total of 18 reverse circulation (RC) drill holes have been completed (1,824 metres), split between Area A and Area D. Results are expected from mid-January.
Drill intersection showing coarse pyrite agglomerations/quartz
Chesser managing director and CEO Mike Brown said: “We are very pleased with the progress of the drilling at the Northern Arc discovery.
“The diamond drilling appears to have visually confirmed the strongly altered felsic intrusive as the host for mineralisation at Area A, although results are still pending.
“The Area D drilling has also confirmed a structural setting for Area D, with the presence of a number of faults seen in drill core.
“Logging and sampling are progressing well and we look forward to receiving results from mid-January onwards.”