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Bardoc Gold enhances Bardoc project with Mayday North extension and potential new mineralised corridor

New results from RC drilling highlight potential strike extensions to the current 79,000-ounce Mayday North resource.

Bardoc Gold Ltd - Bardoc Gold extends Mayday North Deposit, identifies potential new mineralised corridor
Further drilling is planned to define possible northern extensions

Bardoc Gold Ltd (ASX:BDC) has intersected further broad zones of gold mineralisation during reverse circulation (RC) drilling at the Mayday North deposit and returned promising results from early exploration drilling outside the main deposit.

This deposit is part of the company’s 100%-owned 3.02 million-ounce Bardoc Gold Project near Kalgoorlie in WA and new results have the potential to add to the 79,000-ounce resource at Mayday North.

Best result from the down-plunge extension at Mayday North was 30 metres at 1.42 g/t from 161 metres, including 14 metres at 2.13 g/t from 161 metres, which sits just 40 metres down-plunge from the previously reported intercept of 13 metres at 2.29 g/t from 124 metres.

Bardoc chief executive officer Robert Ryan said the recent drilling success at Mayday North continued to show the potential for further growth at the satellite deposit.

He said: “The latest drilling results have once again extended the strike of the resource to the north, highlighting the excellent potential for northern and down-plunge extensions of the deposit.

“This will be tested with further drilling.”

New mineralised corridor

Exploration drilling has also intersected a significant zone of anomalous gold on a new trend to the west of the historical Mayday North open pit.

Ryan said: “The recent RC program has provided an intriguing anomaly located just 350 metres to the west of the current 79,000-ounce resource.

“Intersecting broad zones of anomalous gold mineralisation associated with the gradient array induced polarisation (GAIP) survey target areas in our very first round of regional drilling is extremely encouraging.”

Anomalous gold was intersected in two holes, including:

  • 7 metres at 1.01 g/t from 135 metres; and
  • 69 metres at 0.26 g/t from 47 metres.

This potential new mineralised corridor represents a strong target for follow-up drilling.

Mayday North cross-section, note the total lack of anomalous gold in historical drilling.

Ongoing exploration

Further drilling is required to define possible northern extensions and the down-plunge mineralisation.

Ryan said: “We will now look to determine the mineralisation, geochemical and structural controls for future drill targeting as part of our ongoing 40,000-metre exploration program.”

RC drilling is currently underway at the Excelsior deposit, with Aphrodite to follow, and geotechnical core drilling is also scheduled to commence at Excelsior late this week.

Aircore drilling is ongoing near the Bardoc office area, with lines of holes focused on exploration and sterilisation areas for the future mill and tailings dam locations.

In addition, detailed geological work is ongoing at Aphrodite, North Kanowna Star and the Bardoc Tectonic Zone.

Quick facts: Bardoc Gold Ltd

Price: 0.077 AUD

ASX:BDC
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Market Cap: $133.28 m
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