| Announcement Date: | 2022-07-04 |
|---|---|
| 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. 4m @ 17.28g/t Au from 110m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Western Gold Resources (ASX: WGR) (“WGR” or “the Company”) is pleased to announce that it has received the final assay results from 39 reverse circulation (“RC”) drill holes for 3,152m recently completed at the Eagle and Joyners deposits at its Gold Duke project (Figure 1). The gold mineralisation at the Eagle and Joyners Find deposits are within the regional Joyners Find shear zone and hosted primarily within vertical to steep westerly dipping banded iron formation units (“BIF”) hosted within highly weathered mafic and ultramafic rocks. At Joyners Find, gold is also hosted within a NW-trending quartz vein that was the focus of historical mining. Much of the recent and historical drilling is on an azimuth of 90o inclined at -600 which is approximately perpendicular to the mineralisation. Additionally, at Joyners Find, drilling below the historic mining area indicates that mineralisation may be of greater width than previously thought. These results confirm that our systematic exploration approach to exploration at the Gold Duke project is paying dividends. With results pending from the Brilliant, Wren and Gold King deposits we look forward to sharing strong news-flow over the coming months.” Eagle A total of 34 RC drill holes for 2706 m were completed to test the eastern and western BIF units (Figure 2) that host gold mineralisation at the Eagle deposit. Drilling infilled the pattern to a nominal 20 m north and 10 m east spacing, as well as testing northern and southern extensions to the known mineralisation. |
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