Announcement Date: 2022-02-28
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Monger Gold Ltd.
Project name: Mt Monger North
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 3m @ 11.19g/t Au from 106m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Monger Gold Limited (ASX: MMG) (“MMG” or the “Company”) is pleased to announce the success of its drilling campaign at the Providence prospect. A total of 14 drill holes for 1,614 metres were drilled by reverse circulation (RC) on four traverses spaced between 25m and 40m apart testing a total strike length of around 90 metres. The program completed to date makes up only 53% of the previously announced program. Drilling will recommence in coming weeks as the company will look to target further extensions to the system. The geology at Providence is structurally complex with an antiform fold and axial planar parallel cross-cutting faults, which is complicated by challenging protolith identification in amphibolite facies metamorphic lithologies. More detailed work is being undertaken on the geological model. MMG is looking at collecting more quantitative data including Hy-logging of RC drill chips and re-logging the entire collection of drill chips along with select multi-element assays, including the gold assays to fully assess and understand the deposit. Providence Drill Sections
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