The program of 2,500 to 3000 metres, which is designed to expand the known 59,000-ounce mineral resource identified by GSN in 2018, will focus on the southern extent of the mineralisation along strike to the current resource.
This drilling campaign follows a successful 2018 RC drill program along the extensive shear zone, which resulted in the maiden resource at an average grade of 1.7 g/t, using a 1 g/t cut-off grade.
Potential to expand on foundation
Chief operating officer Mark Major said: “The Mon Ami deposit is a key asset of the company, which we intend to progress in conjunction with the other exciting projects we have in our portfolio.
“It is one of our most advanced projects as it has a resource already defined and we see potential to expand on this foundation.”
The new program will test several gold-bearing shoot extensions along strike and down plunge of the current resource area.
Major said: “It is open along strike and at depth, with this current program focusing on finding gold-bearing extensions along strike.
“There are many old shafts and historical diggings to the north and south of the current resource area which need further exploration.”
“We will also look to better our understanding of the mineralisation systems within the known area.”
Plan view of the Mon Ami Gold Project showing geological features, resource limits and location of high-grade intercepts.
Advancing Mon Ami
The company will investigate and further test areas where high-grade gold has been recorded.
Major said: “We believe there may be several high-grade splays associated with the shear zone, so this theory will be tested during this program.
“With the deposit having viable upside and being extremely close to operating mills and infrastructure, we are looking forward to re-entering the field at Mon Ami to advance this project.”
Following the completion of the program at Mon Ami, the RC drill rig will return to the Cox’s Find Gold Project to undertake second phase of this planned program.