Miramar Resources Ltd (ASX:M2R) has struck visible gold in a second diamond drill hole targeting Glandore East at the 100%-owned Glandore Project in the Eastern Goldfields region of Western Australia.
The diamond drilling program at Glandore East is following up on historic diamond drilling that intersected high-grade gold of up to 6 metres at 29.8 g/t, at the contact between a layered mafic sill and a later granitoid intrusion.
The present drill hole, GDDD002, was drilled about 40 metres south of GDDD001 and intersected granodiorite, intruded by multiple felsic porphyry dikes and quartz veins, and coarse visible gold in a quartz vein at 152.5 metres, before ending at 169.06 metres.
Core from GDDD002 has been logged, cut, sampled and sent for analysis.
GDDD002 150-153 metres showing quartz vein in altered granodiorite.
GDDD002 showing visible gold in quartz vein within altered granodiorite at 152.52 metres. Main cluster of gold is about 2-5mm across, with smaller grains on and beneath the surface of the core
Open at depth
The two holes drilled to date have confirmed the presence of high-grade gold mineralisation over a strike length of at least 100 metres and down to a vertical depth of 130 metres.
It remains open in all directions at this stage.
The diamond drill rig has now moved to GDDD003, 40 metres north of the section containing the high-grade historical intersections and GDDD001.
Multiple diamond drill holes over a strike length of about 500 metres will be sunk at the Glandore East target in the current program.
Supergene gold
Miramar executive chairman Allan Kelly said: “We believe there is potential for multiple NNE-trending high-grade veins at Glandore East, as well as substantial supergene gold mineralisation.
“The second hole appears to confirm this interpretation and we look forward to the results of this hole.”
Aircore drilling has also been completed at Miramar's other projects at Boorara North, Whaleshark and Randalls, with results expected over the coming weeks.
About the project
The Glandore Project is about 40 kilometres east of Kalgoorlie in Western Australia. The southwestern part of the property is underlain by a layered mafic sill intruding into basalt and sedimentary rocks.
Exploration has mostly been limited to the southwestern part of the project, where drilling by previous explorers identified gold mineralisation at the eastern contact of the granodiorite associated with quartz pyrite veins, felsic porphyry dikes and ankerite-sericite-pyrite alteration.
Read more on Proactive Investors AU
