Intermin posts promising results from WA gold drilling

Image: Horizon Minerals

Intermin Resources, owners of several Western Australian gold interests, has posted positive results from RC (reverse circulation) drilling of the Jacques Find and Yolande deposits at the Teal gold project, 11km northwest of Kalgoorlie.

Intermin drilled 31 holes at the sites — a 4144m total up to a maximum depth of 220m — as part of its 55,000m 2018 drilling program, returning high-grade results.

At the Jacques Find deposit, returned results included 8m at 10.31g/t of gold from 123m, 5m of which was rated at 15.21g/t; 8m at 5.7g/t of gold from 64m; and 9m at 1.69g/t of gold from 34m.

The Yolande deposit, meanwhile, returned 37m at 2.16g/t of gold from 90m; 9m at 4.45g/t of gold from 118m; and 7m at 2.12g/t of gold from 145m.

The results point to the potential existence of a large mineralised system across the Teal project area, according to Intermin; as drilling continues, further results are expected over the next few weeks. Intermin’s managing director, Jon Price, was pleased with the results of the RC drilling so far.

‘These latest drilling results further demonstrate the potential scale and quality within the Teal project area,” he said, “and certainly justifies the priority placed on this large mineralised system just 15 minutes’ drive from the city of Kalgoorlie-Boulder.

“The ongoing drilling program at Teal will test the full extent of this system to add free milling oxide to our production profile and determine the scale of the deeper, higher grade, primary sulphide mineralisation to enable assessment of future development options.”

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