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Bardoc Gold confirms Zoroastrian growth potential with 89-metre gold intersection

Broad high-grade intersections have delineated new footwall lodes and extended mineralisation outside of the existing 526,000-ounce mineral resource.

Bardoc Gold Ltd - Bardoc Gold identifies new lodes and growth potential at Zoroastrian deposit
A diamond core rig is scheduled to arrive at Zoroastrian this week

Bardoc Gold Ltd's (ASX:BDC) assay results from exploration and infill drilling at the 526,000-ounce Zoroastrian deposit within the 3.03-million-ounce Bardoc Gold Project in WA have extended mineralisation further to the north outside of the current mineral resource model.

Broad high-grade intersections including 89 metres at 1.43 g/t have delineated new footwall lodes and have the potential to increase the mineral resource.

Best results from the recent drilling include:

  • 89 metres at 1.43 g/t gold from 192 metres including 8 metres at 3.35 g/t from 193 metres and 13 metres at 2.19 g/t from 252 metres;
  • 11 metres at 3.08 g/t from 190 metres; and
  • 8 metres at 2.90 g/t from 156 metres.

“Potential to extend resource”

Bardoc Gold chief executive officer Robert Ryan said the standout intercept of 89 metres at 1.43 g/t, including several higher grade zones, was the widest seen at Zoroastrian to date and one of the better exploration results to be generated across the Bardoc Gold Project.

He said: “Importantly, our recent drilling has shown that the northern end of the deposit is shaping up as an important growth opportunity for the company.

“We are seeing broad widths of mineralisation rarely seen at Zoroastrian, with the recent results clearly demonstrating that there is significant potential to extend the mineral resource well beyond the current 526,000 ounces.

“The high-grade plunge to the newly discovered lodes will be an area for further follow-up drilling, with a diamond drill rig mobilising to site this week to continue to test the zone at depth.”

Expanded exploration program

The success of this drilling has highlighted the northern end as an area of significant interest and the company is ramping up geological studies.

Aircore drilling is continuing at North Kanowna Star, RC drilling is continuing at the Aphrodite Sigma Lode and within the Zoroastrian-Excelsior corridor and geotechnical drilling is on track to be completed at the Aphrodite Alpha and Phi Pits this week.

Ryan said: “Our expanded exploration program is already paying dividends, highlighting the potential for brownfields discoveries like the Blueys lode at Zoroastrian, as well as potential greenfields discoveries as we await assay results from North Kanowna Star and Mayday North.

“As we continue to advance the Bardoc Gold Project definitive feasibility study, the exploration results will help to build a growth pipeline of development opportunities that will ensure the Bardoc Gold Project will have a long and sustainable mine life.”

Quick facts: Bardoc Gold Ltd

Price: 0.071 AUD

Market: ASX
Market Cap: $122.89 m

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Bardoc Gold CEO updates on Zoroastrian exploration and looks ahead to...

Bardoc Gold Ltd's (ASX:BDC) Robert Ryan tells Proactive's Andrew Scott that assay results from exploration and infill drilling at the 526,000-ounce Zoroastrian deposit have extended mineralisation further to the north outside of the current mineral resource model. Broad high-grade intersections...

on 21/10/20

2 min read