| Announcement Date: | 2021-11-25 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Bardoc Gold Ltd. |
| Project name: | Bardoc |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 7.22m @ 3.45g/t Au from 214.9m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Bardoc Gold Limited (ASX: BDC, Bardoc or the Company) is pleased to report significant results from recent diamond drilling targeting depth extensions and infill of the multi-lode mineral system at the cornerstone 530koz Zoroastrian Deposit, part of its 100%-owned Bardoc Gold Project near Kalgoorlie in Western Australia. The recent drilling has intersected new mineralisation, including defining the Bank of England Lode at depth, while in-fill drilling has further defined the known main lodes within the current Resource and Reserves. The Bardoc Gold Project has Ore Reserves of 1Moz within a total Resource of 3.07Moz. This recent phase of drilling was targeted at areas of the Mineral Resource model that are classified as Inferred. The aim is to upgrade the Inferred material to Indicated classification to allow it to be included in future Ore Reserves after Mineral Resource Estimates and mining studies are completed. The high-grade results returned at depth confirm significant upside at the Zoroastrian Deposit, demonstrating that the multi-lode system extends well below the current Mineral Resource boundaries. MANAGEMENT COMMENTS Commenting on the significant new results, Bardoc Executive Director Neil Biddle said |
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