The recently completed drill program at Burbanks South consisted of 23 shallow Reverse Circulation (RC) drill holes totalling 1,900 metres which served to validate a number of historical drill holes and, importantly, confirm a new nearsurface discovery which has never been mined. The Burbanks South discovery lies 400 metres directly along strike from the Birthday Gift and Main Lode Deposits which collectively produced over 420,000oz at 10.9g/t Au, in doing so extending the strike of known mineralisation at the
This recent 1,900 metre drill campaign, in combination with over 2,500 metres of historical RC drilling, has identified a zone of mineralisation with a strike extent of over 400 metres which remains open in all directions. Importantly, all exploration to date in this area has been limited to the top 100 metres below surface. Despite the shallow nature of exploration completed to date, the development of three high grade plunges have now been identified, plunges which are a typical feature observed at both the Birthday Gift and Main Lode Deposits. These high-grade plunges will form the focus of future drill campaigns at depth.
Managing Director and CEO,
The initial results of our maiden program clearly demonstrates the potential to add significant ounces to the
TECHNICAL DISCUSSION
South of the
The mineralisation style at Salmon is directly analogous to that of the Burbanks Mining Centre (hosting both the Birthday Gift and Main Lode deposits) where mineralisation typically occurs as sulphides within highly silicified and sheared mafic units. Drilling has subsequently identified three continuous parallel lodes of mineralisation within a central shear corridor up to 20 metres wide, indicating the development of both footwall and hanging wall lodes within 2.0 - 5.0 metres of the central mineralised structure. Importantly, the initial interpretation has shown the development of up to three high-grade plunges which are a typical feature of the mineralisation style within the Burbanks Mining Centre, and which will form the focus of future drill campaigns at Salmon. The historically completed drilling has provided invaluable information which has allowed for the rapid advancement of the Burbanks South discovery, with 5,400 metres of drilling now completed in the Burbanks South area. The 2,500 metres of RC drilling historically completed along the Salmon trend combined with the recently completed 1,900 metres will provide a robust foundation to guide exploration and future resource additions
DRILLING UPDATE
Following the completion of the 1,900 metre RC drill program at Burbanks South early last week, the rig has since moved to Burbanks North where it will complete 1,800 metres of RC and diamond drilling, before moving to Main Lode. Drilling is expected to be completed by the end of December, with assays expected thereafter.
Contact:
Email: chris.hansen@greenstoneresources.com.au
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