Announcement Date: 2021-11-15
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Prodigy Gold NL
Project name: Hyperion
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 3m @ 106.3g/t Au from 109m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Prodigy Gold NL (ASX: PRX) (‘Prodigy Gold’ or the ‘Company’) is pleased to advise that a review of historic results of the Tregony Project has been completed. The review further enhances the Company’s view of the project and has highlighted additional drill targets for the next field season. Review work has been completed in parallel to undertaking diamond drilling on the project. A 210.7m diamond hole (TRDD2101) was recently completed which intersected several intervals of veining with one containing visible gold. Assay results of the diamond hole are imminent. Tregony is a structurally controlled vein-hosted gold deposit within the Hyperion Project, located 30km northwest of the Company’s 100% owned Hyperion 4.93Mt @ 1.95g/t 310koz gold resource1 and 40km north of Northern Star’s 1.1Moz Groundrush Resource (Figure 2). The last systematic exploration to occur over the Tregony Project was completed by AngloGold Ashanti (AGA) and Acacia Resources between 1995 – 2000, following up on work (soils, rock chip and limited post hole campaigns) completed
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