Testing Seven Km High Priority Target Zone
Platina Resources Limited (ASX: PGM) has commenced an Induced Polarisation (IP) geophysics programme at its 100%-owned Xanadu Gold Project in Western Australia’s Ashburton province.
The geophysical IP survey is planned to cover a seven km target zone, identified as a high priority target during recent geological mapping.
The survey area, located in the north-west of the tenement package, covers a series of gold occurrences hosted within the Duck Creek Dolomite where it is affected by the Nanjilgardy fault zone and its splays.
The planned programme, anticipated to take between three to four weeks to complete, comprises an initial dipoledipole IP orientation around the historic Amphitheatre open pit to assess its geophysical response at depth, followed by a more comprehensive gradient array programme over the 7km target zone.
Managing Director, Corey Nolan, said the company’s strong geological data set would be enhanced with the new geophysical data and ensure exploration and drill programmes were highly targeted and cost effective.
“With the recent completion of geological mapping and our reprocessing of historic airborne magnetics data, we are assembling a solid understanding of structures and host rocks.
“Importantly, the planned geophysical surveying will help to directly detect the target gold and sulphide mineralisation at depth for drill testing.
“Xanadu has immense appeal given the number and width of economic grade gold drill intercepts which have never been followed up with a systematic exploration campaign,” Mr Nolan said.
For further information please visit: https://platinaresources.com.au/