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21/07/2022 - 16:27

Sampling adds weight to WA gold target for DiscovEx

21/07/2022 - 16:27

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Junior explorer DiscovEx Resources has improved the prospectivity of its Spartan gold anomaly after a phase 2 infill and extensional soil sampling program added results up to 544 parts per billion gold. The target sits inside the larger Edjudina project about 250km north-east of Kalgoorlie in Western Australia.

Sampling adds weight to WA gold target for DiscovEx
DiscovEx Resources’ Managing Director, Toby Wellman on-site at Edjudina. Credit: File

Junior explorer DiscovEx Resources has improved the prospectivity of its Spartan gold anomaly after a phase 2 infill and extensional soil sampling program added results up to 544 parts per billion gold. The target sits inside the larger Edjudina project about 250km north-east of Kalgoorlie in Western Australia.

Management says its campaign was aimed at validating the dimensions of the original anomaly and its latest hits complements its first phase of sampling at Spartan.

The initial phase outlined a target area that ran about 1.8km in length and 500m in width with multiple occurrences of plus 25 ppb gold. Whilst the results of its latest play have kept the dimensions consistent, the new hits have added weight to the ground’s gold prospectivity, quadrupling that of earlier work.

According to the company, extensional sampling has also unveiled an additional anomalous target coined “Falcon” about 3.5km east of Spartan.

Falcon tips the scales at 2.6km long and houses a suite of 15 ppb samples that peak at 48 ppb gold. Curiously, DiscovEx says the target is open to the north and will soon launch a supplementary sampling exercise to get a better grip on its scale.

The company aims to have the sampling at Falcon completed by the end of the quarter.

Following the discovery of its Spartan and Falcon gold targets, DiscovEx moved to snap up a pair of additional tenements in the larger Edjudina project area. The company believes the mineralisation at Spartan and Falcon could extend onto its new tenements – potentially pushing the boundaries of its multi-kilometre-long targets even further.

The Perth-based explorer says the ground inside its larger Edjudina project area has seen little previous exploration and given it has now picked up even more ground believes further work could unveil a significant discovery in the future.

DiscovEx Resources’ Managing Director, Toby Wellman said: “You’d be hard pressed to find a better-looking gold anomaly than what the exploration team has generated at Spartan. A coherent zone of multiple plus 0.1g/t gold results, in an area where the nearest historic gold operation is 25km away (Deep South Deposit) suggests the anomalous gold is coming from mineralisation not yet discovered.”

The company is now set to hit the go button on a gravity survey at Edjudina, that will generate data for ongoing interpretation at the operation.

DiscovEx says the survey could be launched as early as next month and will assist in the definition of several intrusive bodies with the potential to host gold.

The explorer will use the data to drive its forthcoming drill programs at Edjudina.

Curiously, the company’s tenure at the operation is bordered by a number of solid gold plays, including Anglogold Ashanti’s 10 million ounce plus Sunrise Dam and Saracen Mineral Holdings’ 2 million ounce-plus Carosue Dam mine.

 

Is your ASX-listed company doing something interesting? Contact: matt.birney@businessnews.com.au

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