Announcement Date: 2023-01-18
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Image Resources NL
Project name: Erayinia
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 37m at 1.40g/t Au, from 65m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Image Resources NL (ASX: IMA) (“Image” or “the Company”) is pleased to advise it has received additional encouraging, thick, gold mineralisation drill intersections that expands the mineralisation to the north at the Company’s 100%-owned Erayinia tenement and King Prospect located 135km SE of Kalgoorlie in Western Australia. The King Prospect tenements are located within the Erayinia tenement which adjoins Image’s 100%-owned Madoonia Downs tenement to the north, as shown in Figure 1. The locations of Erayinia, King and Madoonia Downs, relative to Kalgoorlie and surrounding gold mining operations, are shown in Figure 2. The latest infill drill program resulted in a number of significant gold intersections mainly within the central part of the northern mineralised zone (Figure 3 and 4), which was previously sparsely drilled. Highlighted intersections include 21m at 2.1g/t from 84m, including 3m at 8g/t from 94m in EYRC119; 37m at 1.4g/t from 65m, including 3m at 16g/t from 99m in EYRC116; and 20m at 1.1g/t from 63m, including 2m at 3.2g/t from 63m in EYRC127. Several intersections are open at depth and will be followed up with deeper RC drilling including the intersections in both EYRC119 (Figure 7, Cross section 3) and EYRC92 (Figure 9, Cross section 5) as shown in the highlights below.
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