HIGHLIGHTS
These results are from the first phase of the RC drilling program at Menzies Gold Project (MGP), with the RC rig currently drilling at the Lord Byron deposit (part of the Jasper Hills project area) and the diamond rig presently at the Second Fortune Gold mine. Post completion of drilling within the Laverton Hub, the RC rig will return to Menzies to complete the outstanding holes and conduct exploration RC drilling in the area. The drilling at the MGP is focused largely on infill and extensional drilling at the Pericles, Stirling and Lady Shenton deposits (collectively, the Lady Shenton System) ahead of feasibility study workstreams in preparation for mining activities in CY2025.
Brightstar’s Managing Director, Alex Rovira, commented “These results from the Lady Shenton System highlight the immense potential that Menzies holds. With numerous high-grade hits in all three deposits at Pericles, Lady Shenton and Stirling indicating mineralisation is still open at depth, we look forward to completing the program once high priority drilling is completed at the Laverton Hub.
We’ve taken opportunity to bring on a third rig, with two RC rigs presently at Jasper Hills drilling out the Fish and Lord Byron deposits, whilst the diamond rig is maintaining good progress and accuracy with the ‘diamond tails’ being drilled at depth at the Second Fortune Mine. These programs will generate valuable information for our feasibility studies and ongoing mine plans, which will be utilised for geotechnical, metallurgical and mine planning purposes at our Menzies & Laverton Hubs”
TECHNICAL DISCUSSION
A total of 52 RC drill holes have been completed with assays returned at Menzies. These holes include 26 drill holes completed at the Pericles deposit (Figures 2, 3, 4 & 7), eight drill holes were completed at the Lady Shenton open pit ramp (Figure 2) and 18 holes completed at the Stirling deposit (Figures 2, 5 & 6).
Assay results and hole details for the drilling outlined above are detailed in Tables 1 – 4.
A further 36 RC holes are planned for future drilling in the coming weeks at Pericles (Figure 2) once the RC program at the Jasper Hills project concludes.
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