An initial 4,000m program is planned to test shallow gold targets identified from the recent infill soils sampling program at the Sandstone North prospect. The infill program was completed over this strongest gold response, covering an area of 1,200m x 600m on 40m x 40m spacing. The gold results delineated a coherent gold anomaly over 1km strike, including values of up to 100ppb gold. Background gold-in-soil values at Sandstone North are generally below detection (i.e. < 1 ppb Au). The location of the gold anomaly also correlates with a major north-south trending interpreted shear zone along a regional fold axis, in a similar position and approximately 1.5kms along strike, from historical workings and high-grade drilling results. The gold anomaly correlates well with anomalous arsenic values potentially indicative of underlying mineralisation. Previous exploration at Sandstone North by
Regional Targeting & Exploration
Low-cost regional targeting work is ongoing, including over the Hacks West area (which hosts numerous old workings and historic shafts, yet has had limited modern exploration), in parallel with resource growth targeting work. The Company currently has a shallow, open pit gold resource of 17.6Mt @ 1.5 g/t gold for 832,000 oz optimised and pitconstrained within
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