Highlights
“These results continue to demonstrate the significant potential for a multi-million-ounce project at Sams Creek. Ionic leach soil surveys have proven to be a strong indicator for economic gold mineralisation at Sams Creek. The Anvil anomaly has many characteristics in common with the Main Zone, which hosts the 824koz @ 2.8g/t Au Resource. We believe we have only scratched the surface at Sams Creek and look forward to unlocking the full potential with more exploration programs on these targets.”
Anvil Drilling Results
Four diamond drillholes for a total of 526m were drilled at Anvil West from two sites on the Cobb Valley Road (Figure 1). These holes were drilled before the extended IL results were available and the two circular structures recognised. All four holes intersected the SCD, which is around 20m thick and has been extensively altered with three stages of alteration similar to the Main Zone recognised.
The first stage of alteration is represented by a biotite, ankerite ± magnetite assemblage, which is like the alteration found in many calc-alkaline and alkaline porphyry Cu–Mo–Au deposits, where it represents an early high temperature stage. The second stage of alteration consists of extensive silicification and thin quartz veinlets. Stage three mineralisation consists of irregular to planar gold-bearing arsenopyrite-pyrite ± sphalerite veins. Stage 3 mineralisation is generally associated with areas of silicification.
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