Latest assay results from RC drilling at Strickland Metals’ Millrose project about 85km north-east of Wiluna in Western Australia have identified multiple new gold zones in addition to high-grade oxide gold intercepts.
Highlights show one 5m intercept going 11.5 grams per tonne gold from 68m whilst a second 65m section from the same hole recorded 4.4 g/t from 95m including 3m at 20.2 g/t and another 3m reading an impressive 33.5 g/t gold.
The hole was drilled directly up-dip from a previously reported 95m intersection going 2 g/t gold from 176.5m including 8m at 14.6 g/t from 215m.
The company says its latest assay result has extended mineralisation beneath the current mineral resource.
Additional highlights from its latest assays include a 10m section from a second hole going 13 g/t gold from 66m, whilst another hole recorded a 4m intersect recording 9.8 g/t from 8m.
Strickland says the most recent assays are associated with the oxide zone at the Millrose North target and demonstrate the continued grade in the area.
Strickland Metals Chief Executive Officer, Andrew Bray said: “These sets of results demonstrate the large potential scale of the Millrose system, particularly in light of the fact we have only drilled approximately one-quarter of the mineralised shear structure to date. The drill rigs will continue systematically testing the shear structure to the north and south to fully delineate the size and scale of the Millrose gold system, before returning to undertake closer-spaced infill drilling.”
Further wide-spaced step-out RC and diamond drilling along strike from the Millrose resource has delineated three new high-grade mineralisation zones.
The fresh rock intersections include 25m at 1 g/t gold from 61m and 46m going 1 g/t gold from 104m at the Millrose Central zone.
At the Millrose North zone, Strickland recorded an 8m intersection going 4 g/t from 104m whilst the Millrose South zone landed a 21m section at 1 g/t gold from 86m.
Strickland says because of the 120m distance between intercepts at Millrose Central, there is potential for a similar grade profile to those at Millrose North.
Further drilling is planned at all three prospects to identify the size and scale of the newly discovered zones.
The Millrose project forms part of the company’s broader Yandal gold project and is within the northern reaches of the region’s Archean-age Yandal greenstone belt.
The company picked up the Millrose project last year. It arrived with an indicated and inferred mineral resource estimate of 6Mt grading, an average 1.8 g/t for 346,000 ounces of contained gold.
The site is about 30km east of Northern Star Resources’ 10-million-ounce-plus Jundee gold operation and adjoins the former Renegade Exploration tenement package that Strickland also picked up last year.
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By Matt Birney
