Kirkland Lake Gold’s exploration at the Fosterville gold mine in Victoria has uncovered high-grade mineralisation that is showing potential for a second gold mine at the site.
The drilling at Robbin’s Hill had a key intercept of 24.5 grams per tonne of gold over 3.7 metres, identifying a large mineralised system.
Kirkland Lake president and chief executive Tony Makuch said the presence of visible gold (VG) in quartz unearthed at Robbin’s Hill compared favourably to levels seen at the existing Fosterville mine at similar elevations.
“For a long time, we’ve been saying that there could be more Fostervilles at Fosterville,” Makuch said.
“Robbin’s Hill has clearly emerged as a second potential mining front to provide feed to our Fosterville mill.
“The presence of VG in quartz and 500 metre down-plunge inspection of Robbin’s Hill mineralisation highlight the potential for future discoveries of high-grade, VG-bearing zones at similar depth to Swan and Eagle at Fosterville’s Lower Phoenix system.”
The results come from 66 holes drilled to 36,428 metres. Other drilling at Robbin’s Hill includes six surface diamond drills targeting mineralisation along the Curie Fault.
Kirkland Lake Gold continues to operate five surface drills at Fosterville, focussing on extending the mineral resource north along the Fosterville fault zone.
The company is performing a 3D seismic survey covering approximately six square kilometres in the north part of Fosterville’s mining license.
It is these optimistic survey results which will assist in defining structural features and mineralised corridors, aiding to further exploration and development of Robbin’s Hill and the surrounding area.
Fosterville mine is Victoria’s largest producer of gold. Kirkland Lake produced 356,230 ounces of gold from the underground gold mine last year.