Deep Holes Help Extend Strike Length Out To 700m
S2 Resources Ltd (ASX:S2R) has received promising gold assays for selected intervals of the first two diamond holes at the company’s 100% owned Aarnivalkea prospect in the Central Lapland Greenstone Belt (CLGB) in northern Finland.
The assays received are for selected intervals from the first two diamond holes of a 13- hole programme comprising very broad step-outs to previous high grade gold intercepts to scope out the extent of the mineralised zone at Aarnivalkea
CEO, Matthew Keane, said the strike length of gold mineralisation at Aarnivalkea has been extended by 135 metres to 700 metres with all deep holes drilled to date intersecting mineralisation.
Better intercepts included:
- 1.20 metres at 1.0g/t gold from 166.0 metres and
- 5.81 metres at 2.7g/t gold from 381.1, including 0.62 metres at 16.7g/t gold from 386.3 metres and
- 5.64 metres at 3.1g/t gold from 393.4 metres, including 1.04m at 14.2g/t gold from 393.4 metres
- 0.64 metres at 7.5g/t gold from 314.2 metres and
- 6.79 metres at 1.2g/t gold from 330.5 metres, including 0.89 metres at 5.2g/t gold from 335.5 metres
Hole FAVD0065 is located 135 metres south hole FAVD0062, which intercepted 6.8 metres at 11.8g/t gold from 223.0 metres. Hole FAVD0066 is located 265 metres north of hole FAVD0062 and 300 metres south of holes FAVD0064, which intercepted 20.4 metres at 4.0g/t gold from 193.1 metres.
The strike length of gold mineralisation has been extended by 135 metres to a total of 700 metres, with all holes drilled to date below 110 metres intercepting significant mineralisation. Holes FAVD0067 and FAVD0068 have also been completed, stepping out 100 metres and 300 metres respectively north of hole FAVD0064. Hole FAVD0069 is currently underway, 110 metres down dip and 35 metres south of FAVD0062.
Assays are awaited for the remainder of sampled intervals of holes FAVD0065 and FAVD0066, and for the entirety of holes FAVD0067 and FAVD0068, completed to depths of 323.8 metres and 240.6 metres respectively.
The current diamond programme consists of thirteen 250 to 500 metre deep, broad spaced scout holes designed as a first pass systematic test of approximately 1.1 kilometres of strike below the gold anomalism identified in previous shallow diamond drilling.
Drilling is continuing to scope out this zone on a broad spacing.
“These results are highly encouraging given the step-out distance from previous holes and considering that all deeper holes drilled to date have intercepted gold mineralisation,” Mr Keane said.
“S2 is still in the early stages of understanding the scale of and controls on gold mineralisation, but this programme will significantly advance our knowledge to benefit future targeting.”
For further information please visit: http://www.s2resources.com.au/
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