Resolution Minerals Ltd (ASX: RML) believes it is in the right neighbourhood after receiving initial results from its maiden drill hole at the Aurora Prospect in Alaska.
The Aurora Prospect is adjacent to Northern Star’s world class high grade operating Pogo Gold Mine and Resolution says early indications are that the maiden drill hole has intersected Pogo style mineraliation.
To date Resolution has only received (partial) assays from surface to 323m of recently completed hole #1 at the Aurora Prospect.
In March 2020 drilling was completed in first diamond drill hole (20AU001) to a depth of 462m before drilling was halted due to spring thaw, It is scheduled to recommence in the second half of May.
The first hole was designed to test structural and geophysical signatures as an orientation to the project geology.
Managing Director, Duncan Chessell, said that encouragingly the rock type, quartz veining, intense alteration and very high levels of arsenic and bismuth correlating to gold in assays intersected, support the sulphide mineralisation typical of a Pogo-style mineral system.
“These assays increase our confidence that we are drilling in the right neighbourhood and confirm a Pogo- style mineral system is present at Resolution’s Aurora Prospect,” Mr Chessell said.
“The large 2km x 5km scale potential of the target is compelling and we look forward to drilling across more areas of the target zone in the coming summer season and testing our highest priority drill targets.
“Our next task is to vector in on the zones that contain higher grade gold.”