Intermin Resources Limited has announced drilling results from their 100 per cent owned Teal gold project, located 11 kilometres northwest of Kalgoorlie-Boulder in Western Australia.
A few months ago, Intermin commenced a self-funded $4 million, 55,000m drilling program across their Kalgoorlie gold projects. The drilling program is focusing on new discoveries and resource extensions at the key Teal, Anthill and Blister Dam projects and so far Intermin has completed 182 RC holes for 23,545m, with the averaging drill depths of 130m.
Fresh rock mineralisation was discovered 100 metres east of the Teal pit at Teal East. Two of these holes returned encouraging results, including 9m at approximately .33 grams per tonne, and 12m at 3.43 grams per tonne, respectively. Shallow gold mineralisation was discovered on the eastern edge of Teal pit with significant oxide.
The geology at the Teal project area is dominated by Black Flag sediments (felsic volcanics and volcanoclastics) with lesser amounts of porphyry and intermediate volcanics. Primary mineralisation exhibits semi-refractory properties and optimal recoveries are expected to be achieved through the process of ultra-fine grinding, pressure oxidation and/or roasting.
“The large drilling program at the Teal gold camp has certainly delivered excellent results to date and identified four parallel mineralised structures across a 6km strike zone, demonstrating the potential scale of the system,” commented Intermin Managing Director, Mr Jon Price.
“We now look forward to the updated resource and moving forward on mining studies to continue creating value for shareholders in this fantastic part of the Western Australian goldfields.”
More information on these projects can be accessed here.