55m @ 3.3 g/t gold (including 3m @ 33.5g/t) Northern Zone, Blair North Extensive, widespread gold intersections Open in all directions Centred 2,400m due north of George’s Reward
Two discrete zones of mineralisation
Hole BNRC057 – 66 m @ 2.9g/t Au – George’s Reward, Southern Zone
Hole BNRC010 – 43m @ 3.4g/t Au – George’s Reward, Southern Zone
Coarse, free gold open at depth and along strike Initial resource estimate to commence
BLAIR NORTH PROSPECT E25/268, EAST KALGOORLIE PROJECT – WESTERN AUSTRALIA
(Northern Mining Ltd 90%, Balagundi Gold Pty Ltd 10%, right to earn to 24%)
Extensive, widespread reverse circulation (RC) gold intersections have confirmed the significant potential of the Blair North Northern Zone centred 2,400 metres north of George’s Reward, where outstanding RC gold intersections were reported by the Company on the 11 November 2009.
55 metres at 3.3 g/t Au were intersected in hole BNRC069 from 84m to 139m equating to 181.5 gram-metres.
Within this wide intersection, three high grade zones were intersected including an impressive 3 metres @ 33.5 g/t from 93m to 96m in altered granitic bedrock .
BNRC069 lies 47 metres to the south of hole BNRC051 which intersected 55m @ 0.81 g/t including 6m @ 2.12 g/tAu, including 1m @ 7.38 g/t Au.
In the same area, hole BNRC066 intersected 58m @ 1.17 g/t Au (including 43m @ 1.46 g/t Au) based upon 3 and4 metre sampling intervals. This was hole was re-sampled over 1 metre sample intervals and returned 58m @ 0.47 g/t Au including 1m 4.33 g/t Au). Within a broad halo of lower grade gold, higher grade zones were also intersected(10m @ 1.11 g/t Au and 1m @ 6.59g/t Au). This hole will be re-assayed using riffle split methods and results will be reported once received. Gold is located in the palaeochannel and lying on bedrock. The gold in bedrock is hosted
in thick zones in granite and basalt and within high grade veins cutting the granite and basalt.
Mineralisation remains open in all directions and the new high grade intersections above will give impetus to theplanning of new drilling designed to extend the mineralized envelope.
The results are highly encouraging for the intervening ground between the prospects, as very little bedrock drill testing has been undertaken between these zones.
A detailed geological interpretation will be carried out to correlate the different rock units and structures to determine if there is sufficient continuity in the mineralisation to commence resource drilling in the Northern Zone.
Executive Chairman Mr Alan Lockett commented “Once again these are exciting results for Northern Mining that are indicating early signs of a potential new low cost, open cut gold mine. With the current bullish sentiment towards gold, 2010 is shaping up as a milestone year for the Company”.
Extensive, widespread reverse circulation (RC) gold intersections have confirmed the significant potential of the Blair North Northern Zone centred 2,400 metres north of George’s Reward, where outstanding RC gold intersections were reported by the Company on the 11 November 2009.
55 metres at 3.3 g/t Au were intersected in hole BNRC069 from 84m to 139m equating to 181.5 gram-metres.
Within this wide intersection, three high grade zones were intersected including an impressive 3 metres @ 33.5 g/t from 93m to 96m in altered granitic bedrock .
BNRC069 lies 47 metres to the south of hole BNRC051 which intersected 55m @ 0.81 g/t including 6m @ 2.12 g/tAu, including 1m @ 7.38 g/t Au.
In the same area, hole BNRC066 intersected 58m @ 1.17 g/t Au (including 43m @ 1.46 g/t Au) based upon 3 and4 metre sampling intervals. This was hole was re-sampled over 1 metre sample intervals and returned 58m @ 0.47 g/t Au including 1m 4.33 g/t Au). Within a broad halo of lower grade gold, higher grade zones were also intersected(10m @ 1.11 g/t Au and 1m @ 6.59g/t Au). This hole will be re-assayed using riffle split methods and results will be reported once received. Gold is located in the palaeochannel and lying on bedrock. The gold in bedrock is hosted
in thick zones in granite and basalt and within high grade veins cutting the granite and basalt.
Mineralisation remains open in all directions and the new high grade intersections above will give impetus to theplanning of new drilling designed to extend the mineralized envelope.
The results are highly encouraging for the intervening ground between the prospects, as very little bedrock drill testing has been undertaken between these zones.
A detailed geological interpretation will be carried out to correlate the different rock units and structures to determine if there is sufficient continuity in the mineralisation to commence resource drilling in the Northern Zone.
Executive Chairman Mr Alan Lockett commented “Once again these are exciting results for Northern Mining that are indicating early signs of a potential new low cost, open cut gold mine. With the current bullish sentiment towards gold, 2010 is shaping up as a milestone year for the Company”.
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