| Announcement Date: | 2022-02-07 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Ausgold Ltd. |
| Project name: | Katanning |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 9m @ 2.34g/t Au from 63m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Ausgold Limited (ASX: AUC) (Ausgold or the Company) is pleased to provide an update of exploration activities at the Company’s 100% owned Katanning Gold Project (KGP). Multi-Rig Drill program Ausgold is advancing its 30,000m multi-rig Katanning drilling campaign focused on high value targets identified in the Central and Southern Zones. A total of 14,950m of RC and diamond drilling has been completed to date within the Central and Southern Zones, with a further 2,130m RC and 20,307m aircore drilled on regional targets. New drilling in the Southern Zone extends areas of interpreted gold mineralisation 900m south beyond the current 1.84Moz KGP Resource and will be used in a Resource upgrade now planned for Q2 2022 (Figure 1 and 2). Southern Zone Drilling within the Southern Zone has intersected gold mineralisation over 900m of strike length extending southward beyond the recently upgraded Dingo Resource. New drilling extending southeast along strike and parallel to the Rifle Range area has shown an extensive zone of near surface gold mineralisation. Results from this drilling are well beyond the newly updated Resource at Dingo in an area which has had only limited previous drilling (Figure 3). |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data