New Gold Zone Identified at Withnell South
Konrad Forrest
De Grey Mining Limited reported an exploration update from RC drilling at Withnell and Withnell South areas around the known mineralised trends at the Withnell gold deposit, located within the Mallina Gold Project, Pilbara region, Western Australia. Exploration activities within the Company’s broader tenement portfolio have been conducted in parallel with the resource definition drilling at the Hemi deposits in support of the on-going discovery and mineral resource expansion program of the Mallina Gold Project. Exploration in the Withnell area is aimed at discovering new domains of gold mineralisation and testing for large extensions to known gold mineralisation hosted in favourable structural locations. During the ongoing work program, improved structural and stratigraphic interpretation at Withnell directly contributed to the development of new structural targets both along strike and in the structural footwall/stratigraphic hanging wall to the south of the Withnell gold deposit. In conjunction with the exploration programs, metallurgical and geotechnical drilling have been progressing at Withnell in line with ongoing technical studies for the regional deposits within the greater Mallina Gold Project. This drilling and associated studies at Withnell are aimed at converting existing resources within preliminary feasibility study (PFS) pit shell optimisations to reserves for the definitive feasibility study (DFS) currently in progress.
New results from RC drilling at Withnell South include:
- 20m @ 1.62 g/t Au from 110m and 9m @ 4.6 g/t Au from 159m in MWRC0320
- 17m @ 1.38 g/t Au from 70m and 5m @ 2.29 g/t Au from 157m in MWRC0303
- 15m @ 1.72 g/t Au from 28m in MWRC0302
- 2m @ 12.42 g/t Au from 125m and 7m @ 2.38 g/t Au from 160m in MWRC0225
- 12m @ 2.0 g/t Au from 2m and 10m @ 1.13 g/t Au from 44m in MWRC0284
De Grey General Manager Exploration, Phil Tornatora, said “The recent exploration activities and drill results achieved by the regional exploration team have identified a new structurally hosted mineralised zone at Withnell South and demonstrates the potential for De Grey to find substantial additions to mineral resources at the Withnell gold deposit. The new results at Withnell South are quite significant in that they open up the southern footwall structural position along the 7km long east-west Withnell trend. The discovery of Withnell South demonstrates the potential that remains to meaningfully increase the resource base and future production from our existing, structurally hosted, regional deposits. The results from the metallurgical hole highlight the down-dip continuity and grade of the main structure at Withnell which, combined with the new results at Withnell South, illustrate the exploration potential beneath and adjacent to the regional deposits."