Miramar Resources Ltd (ASX:M2R) has confirmed high-grade gold in the second diamond hole at Glandore East prospect, part of its Glandore Project in the Eastern Goldfields of WA.
Assays confirmed the high-grade gold intersected in the second diamond drill hole, 40 metres south of historical high-grade diamond drill intersections.
Drilling has now confirmed the presence of high-grade gold mineralisation over a strike length of about 90 metres, with the mineralisation remaining open along strike and at depth.
The highlight of the recent assays came from GDDD002, where drilling intersected 0.8 metres at 5.91 g/t gold within a wider interval of 6.6 metres at 1.54 g/t.
As previously reported, GDDD002 intersected coarse visible gold within a quartz vein in altered granodiorite.
Read more: Miramar Resources’ Glandore East taking shape with more visible gold intersections
As a result of the coarse gold, repeat assays from the above interval returned individual results as high as 0.4 metres at 11.28 g/t.
UAV magnetic survey complete
Miramar has also recently completed a detailed UAV magnetic survey over the Glandore Project, including the Glandore East target.
The survey was flown with east-west flight lines spaced at 25-metre intervals and a sensor height of 25 metres.
This survey, which was completed by Pegasus Airborne Systems, provided a significantly improved level of detail and highlighted multiple NE-trending structures crosscutting the granodiorite intrusion and provided much greater resolution of the eastern contact of the granodiorite with the mafic rocks.
Miramar’s executive chairman Allan Kelly is encouraged by the potential of the Glandore East target.
“With each new diamond hole, we see substantial alteration and/or sulphide mineralisation and eagerly look forward to receiving the gold results,” Kelly said.
“In addition, the newly acquired detailed UAV magnetic survey data shows there is potential for multiple NNE-trending structures which could potentially host high-grade gold mineralisation,” he added.
Drilling continues
M2R is continuing with its drilling program.
GDDD003 and GDDD004 are being drilled 40 metres north and 160 metres north, respectively, of the 'discovery section', which includes the historic high-grade diamond drilling results and Miramar’s first hole, GDDD001 (0.8 metres at 13.9 g/t).
GDDD005 will test below the historic diamond holes.
Significant results so far include:
Exploration has been mostly limited to the southwestern part of the project, where drilling by previous explorers identified gold mineralisation at the eastern contact of the granodiorite.
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