Announcement Date: 2022-07-05
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Wiluna Mining Corp.
Project name: Wiluna Mining Centre
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 14.29m @ 11.55g/t Au from 39.02m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Wiluna Mining Corporation Limited (ASX: WMC) (Wiluna Mining, WMC or the Company) is pleased to announce further results from the Company’s Discovery, Resource Development and Grade Control programs that have delivered high-grade sulphide intersections around current mining areas and new targets across the Wiluna Mining Operation. This release covers drilling completed to May 2022, at which point drilling paused. Two rigs will mobilise to site in mid-July for Resource Development and Grade Control programs to recommence. DISCOVERY PROGRAM The Company’s Discovery Drilling campaign covers nine large-scale targets testing for high-grade sulphide shoots “under the headframe” at Wiluna (Figure 1). High-grade shoot discoveries are targeted to increase the underground ore grade and grow gold production at Wiluna. The Company is targeting analogues to historically mined shoots, such as the Bulletin shoot that historically produced approximately 800,000oz @ 8g/t. The nine priority targets are located in the upper 600m on both the East and West structures, and below the major historical production areas. Targets are defined where mineralisation remains open along strike, down dip and on parallel structures. Sulphide shoots are interpreted to have formed in a predictable pattern controlled by steeply south-plunging shoot corridors in conjunction with north-plunging trends and rock unit boundaries.
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