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Kingwest Resources intersects high-grade gold at deepest level yet in Menzies drilling

Published: 14:40 01 Jun 2020 AEST

Kingwest Resources Ltd - Kingwest Resources intersects high-grade gold at deepest level yet in Menzies drilling
The results to date confirm the high-grade nature of the mineralisation at Menzies

Kingwest Resources Ltd (ASX:KWR) has revealed additional positive results from the ongoing diamond core program at Yunndaga and Lady Shenton systems at the Menzies Gold Project (MGP) in WA.

Significant new assays include 1.03 metres at 25.40g/t gold from 731.47 metres in KWRD014 which is the deepest hole drilled to date at Yunndaga, and the MGP.

This result is highly encouraging as it lies about 60 metres below the deepest workings at Level 21 which have been sampled and show wide intersections of high-grade gold.

The best intersection from Lady Shenton was 0.94 metres at 36.60 g/t gold from 172.66 metres.

MGP main mineralised systems and drilling locations for the current program

Kingwest CEO Ed Turner said: “The Yunndaga deep drilling has considerably extended high-grade gold beneath the historic workings.

“Yunndaga is significant because it was the deepest and largest producing gold mine in the MGP, with underground production of over 270,000 ounces of gold at 16g/t.

“Our vision to prove that the MGP holds much more very high-grade gold is coming together and this is a very exciting time in the Kingwests’ evolution.

“The remaining wedge holes from the KWRD014 parent hole will further test this Exploration Target and lead towards the estimation of a Mineral Resource at Yunndaga.”

Yunndaga long section showing KWRD014 and KWRD019 pierce points

The results to date from the 2020 diamond core drilling again confirm the high-grade nature of the mineralisation at MGP.

Two more diamond core holes will be drilled beneath the Princess May workings at Yunndaga. These are expected to be completed in the next two weeks.

Central Zone drilling

The company has also commenced a 4,000-metre reverse circulation (RC) drilling program at the Central Zone within MGP.

Planned Central Zone RC traverse on historical workings background

The program is designed to test structural targets that are coincidental with numerous lines of historical workings and will comprise two lines of drill holes about 1,000 metres long.

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