Continues To Expand Gnows Nest In WA
EMU NL (ASX:EMU) has confirmed high-grade gold at Gnows Nest Deeps from the first batch of samples dispatched for assay results from its 6,500m Phase 2 reverse circulation (RC) drilling programme at the Gnows Nest project near Yalgoo in Western Australia.
The programme was designed to follow-up the highly successful 10,932m maiden RC drilling programme completed in Q1 2021 and to test for extensions of the gold mineralisation below the depth of the previously obtained drill results.
In addition, holes were planned to explore the potential of gold mineralisation between the defined high grade Northern and Southern shoots.
Gnows Nest Deeps RC drilling of the Northern and Southern shoots at the historic Gnows Nest gold mine has now been completed.
The ten drill holes, targeting extensions of the high-grade mineralisation below the historic mine workings and along strike to the south all intersected variable widths of quartz veining within the north-south trending host shear zone.
Results from the first batch of selected samples dispatched for priority assay results returned significant high-grade gold intercepts at depth within the Northern and Southern shoots at the historic gold mine.
An extended new saddle zone between these shoots in an area previously interpreted to be largely barren from historic drilling, has also been now tested and identified as promising for further gold mineralisation.
Drilling is currently in progress at Monte Cristo where EMU is systematically testing the strike and depth extensions to the previously encountered high-grade gold mineralisation.
Early, visual, indications are promising. All 10 holes drilled to date have encountered the target shear zones with variable widths of quartz veining and visible sulphides providing early encouragement. Samples are being dispatched for laboratory analysis on a weekly basis with all results pending.
Two regional targets located in the southern portion of the project tenements have also been drill tested. The historical gold workings at Dantes Camp and Brilliant, located on a pronounced parallel, northwest-trending induced polarisation (IP) anomaly (coincident chargeability and resistivity highs), exhibit similar geological characteristics to Gnows Nest.
EMU has completed four drill holes at the Dantes Camp target. Drilling has intersected a 4m zone of fractured and brecciated quartz veining at a downhole depth of 40m.
The quartz vein material is associated with fine disseminated sulphides within sheared mafic rocks and as characterised at Gnows Nest historic gold mine, is a potential host for gold mineralisation.
Similarly, an additional 2m wide vein zone intersected at 100m also within sheared mafic rocks is also a potential host for gold. EMU is awaiting assay results.
At Brilliant, three drill holes tested the historical workings at depth and interpreted strike extensions to the north and south along geological contacts/shear structures. Assay results are also pending.
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