Australian precious metals mining exploration company, Prospech Limited, has received 18 rock chip samples taken from outcrop and spoil heaps, located within the company’s Pukanec exploration licence, which is part of its 100 per cent owned Nova Bana project in Slovakia.
Prospech’s Nova Bana project is a package of three licences totalling 45 square kilometres situated on the western flank of the Hodrusa caldera.
Of the 18 rock chip samples assayed, the company outlined that eight returned gold grades over 1 grams per tonne (g/t) of gold (Au) and of these, the average was 12.1 g/t Au. 10 of the samples assayed greater than 40 g/t Ag and of these, the average was 367 g/t Ag.
These new results, along with previous rock chip assay results and observations of visible gold and silver sulphides in hand specimen, enhance the exploration potential of the Pukanec Prospect.
Figure 1 shows the distribution of gold assays from rock chips collected by Prospech in recent months, along with occurrences of visible gold in hand specimens shown in Figure 2.
Prospech’s maiden drilling program at Pukanec is scheduled to commence early in the 2021 field season. Focus will initially be on the Western and Central targets.
Detailed planning and drill site permitting activities have commenced and should be finalised during the northern hemisphere winter.
Prospech’s Executive Director, John Levings, said the western target zone at Pukanec exceeds 2 kilometres in strike length and has never before been drilled.
“The work carried out during the past 12 months, culminating in the most recent sample results announced, has indicated that the Pukanec prospect, and the western zone in particular, is a very attractive drilling target for high-grade gold and silver,” Mr Levings said.
“The western Pukanec target is promising and unusual for its high prevalence of visible gold and an association with calcite veining.”
“Over the next several weeks, all historical and modern geologic information will be compiled and drill proposals optimised and finalised,” he added.