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- Multiple large gold in soil anomalies identified in the northern sector.
- Gold in soil anomalies warrant further exploration.
- Southern sector sampling identifies large gold in soil anomaly.
- Auger program expanded to include 300 infill holes.
Vita Resources (ASX:VTA) has expanded its maiden auger drilling program at the Ninnis gold project in Western Australia and identified a number of new targets to follow up.
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A range of promising new gold in soil anomalies have been unveiled with Vita having received assay results from the initial 850 auger holes of a planned 1,200-hole campaign.
With the initial results at Ninnis having delivered encouraging results, Vita has now expanded its maiden program to include a further 300 hole infill, in addition to the remaining 350 of the initial auger program.
Work to date has already identified multiple large gold in soil anomalies in the northern sector of Ninnis, extending for 600 metres north-west.
Meanwhile, closer spaced sampling in the southern sector has found a large and consistent gold in soil anomaly 500 metres north-south by 300 metres wide.
Chairman Gavin Rutherford said after drilling was shut down because of wet weather, the contractor will remobilise to site when practicable.
“These are highly encouraging results just in from our maiden auger drilling at Ninnis gold, which appears to have intersected the two sub-parallel fault systems contained within the licence,” he said today.
“Multiple gold in soil anomalies bodes well, and as such, we have expanded the maiden program to include infill activities in appropriate locations.
“Whilst the recent wet weather caused for demobilisation of the driller, it has actually worked in our favour, as given the successful nature of our initial results, the remobilisation to complete the campaign will now include the infill programme. This is a very exciting time for our newest project, Ninnis Gold.”
The early-stage Ninnis gold exploration project is currently located approximately 30 kilometres west of Laverton, in the Eastern Goldfields.
The target area covers 25 square kilometres and presents a similar geological setting to several multi-million-ounce gold discoveries within the region, including Genesis’ (ASX:GMD) Mount Morgans mining centre.
VTA will open Thursday morning at 3.1c. Mkt cap $2.394M.
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