- 3D Resources (DDD) sees high grade results in its final assays following drilling at the Challenger deposit, within the Adelong Goldfield in Southern NSW
- The company says results from the recently completed program at the Challenger gold project further confirm that higher grade material exists below the planned open cut mine
- 3D Resources says it’s encouraged by the latest results, with the campaign intersecting potentially commercial grade mineralisation
- A regional exploration program is now in the works, while DDD waits for weather conditions to pass, with drilling set to continue through to 2022
- 3D Resources last traded at 0.4 cents on October 22
3D Resources (DDD) has seen high grade results in final assays following drilling at the Challenger deposit, within the Adelong Goldfield in Southern New South Wales.
The company said results from the recently completed program at the Challenger gold project provided further confirmation that higher grade material exists below the planned open cut mine.
The program was designed to test the deposit around the periphery of the planned open cut mine, focussing on an area below the open cut where past drilling had hinted at a zone of lower grade mineralisation.
A part of the drilling program was therefore designed to target the area to see if it would be possible to extend the open pit deeper.
New results from the reverse circulation program included 15 metres at 2.85 grams of gold per tonne (g/t) from 105 metres and five metres at 2.79g/t gold from 168 metres.
Additionally, a drill hole was positioned in the core of the Challenger open cut to offer samples for testing the “waste” material for potential acid formation.
3D Resources Managing Director Peter Mitchell said the company was encouraged by the latest results, with the campaign intersecting potentially commercial grade mineralisation.
“These results show the potential for a higher grade zone that may extend commercial development below the current planned open cut but have also helped confirm the mineralisation and interpretation within the planned pit.”
A regional exploration program is now in the works, while DDD waits for weather conditions to pass. With the tick of approval from the government, the company plans to begin additional programs through to 2022.
3D Resources last traded at 0.4 cents on October 22.