Announcement Date: | 2022-01-11 |
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Announcement Type: | Drilling Results |
Announcement Code: | JORC |
Company name: | Western Gold Resources Ltd. |
Project name: | Gold Duke |
Location: | Australia |
Commodities: | Gold |
Highlight: | Drilling results incl. 6m @ 11.66g/t Au from 58m |
Resources: | only available to subscribers |
CP/QP: | only available to subscribers |
Announcement summary: | Western Gold Resources Limited (ASX: WGR) (“WGR” or “the Company”) is pleased to announce that it has received the final assay results from 68-reverse circulation (“RC”) drill holes for 4,428m recently completed at the Eagle and Comedy King deposit and the Blob prospects at its Gold Duke project (Figure 1). The Gold Duke Project contains a combined JORC-2012 Mineral Resource estimate of 4,570,000 tonnes at 2.0 g/t Au for 293,000 oz Au (refer Table 1) and the project is located approximately 40km southwest of Wiluna. The gold mineralisation at the Eagle and Comedy King deposits is within the regional Joyners Find shear zone and is hosted within vertical to steep westerly dipping banded iron formation units (“BIF”) hosted within highly weathered mafic and ultramafic rocks. At the Blob prospect mineralisation is interpreted to be related to NE-trending quartz veins. All the recent and most of the historical drilling is on an azimuth of 0900 inclined at -600 which is approximately perpendicular to the mineralisation. WGR Managing Director Warren Thorne commented |
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