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- Frontier Resources has completed its analysis of historical trench and drilling results at the Saki gold prospect
- Best results revealed a best surface grade of 535 grams per tonne of gold
- Frontier plans to conduct fieldwork to expand gold mineralisation and define additional drill targets
- An independent review is underway to determine if a JORC-code compliant resource can be estimated
Frontier Resources has completed its analysis of historical trench and drilling results at the Saki gold prospect. The Saki gold prospect is situated within Frontier’s Tolukuma tenement (EL2531) in Papua New Guinea.
The Saki gold prospect hosts a 1400 metre by 700 metre wide system of north-northwest trending gold veins which occur along the Saki gold structure.
In 2002, Tolukuma Gold Mines (TGM) completed a Phase 1 drilling program at the Tolukuma Gold Mine. A Phase 2 trenching program followed with over 1500 samples being taken. This resulted in 29 trenches anomalous in gold.
Frontier’s analysis of the Phase 2 surface trench sampling revealed a best surface grade of 535 grams per tonne of gold.
Other results included 1.0m at 55.68 g/t Au in Trench 11 and 0.7m at 30.90 g/t Au in Trench 78.
The company’s review of TGM’s second phase of drilling also returned positive results. These include: 13.2m @ 5.38 g/t Au from 75.1m downhole depth in SK033, 9.5m @ 1.82 g/t Au from 45.2m downhole depth in SK035 and 9.8m @ 2.94 g/t Au from 80.4m downhole depth in SK041.
The Tolukuma mine vein system contains high-grade, narrow epithermal veins extending into Frontier’s tenement. The company plans to review exploration work of these veins later this year.
The fieldwork will include geological mapping, trench and rock chip sampling along the north-west and south-east extensions of the Saki prospect. Frontier hopes to expand gold mineralisation and define additional drill targets.
Sampling and mapping will help to define mineralised veins that extend along the Tolukuma fault structures from the mine to Frontier’s EL2531 tenement. These structures include the Bulum, Sisimonda, Tolukuma, Waleb, Miliahamba and Gulbadi veins and the Seri‐Seri and Duma‐Dilava prospects.
Frontier’s review is also aimed at determining if a JORC-compliant resource can be estimated for the deposit.
Landowner meetings are currently being planned on-site so the local community can help facilitate exploration.
