- Askari Metals (AS2) completes phase three reverse circulation (RC) drilling at its Burracoppin gold project in Western Australia
- A total of 40 RC holes were drilled to test the strike extensions of the Burgess Find, Christmas Gift, Lone Tree and Easter Gift mineralised zones
- Askari also tested previously untested geochemical gold anomalies, depth extensions of previously intersected mineralisation and results from previous drilling at Burracoppin
- All samples have been sent to the laboratory for analysis with the results to be reported on in due course
- Shares in Askari are up 1.89 per cent on the market and were trading at 27 cents at 3:38 pm AEST
Askari Metals (AS2) has completed phase three reverse circulation (RC) drilling at its Burracoppin gold project in Western Australia.
A total of 40 RC holes, for 3639 metres, were drilled to test the strike extensions of the Burgess Find, Christmas Gift, Lone Tree and Easter Gift mineralised zones.
Askari also tested previously untested geochemical gold anomalies, depth extensions of previously intersected mineralisation and results from previous drilling at Burracoppin.
Phase two drilling intersected four metres at 4.27g/t gold from 25 metres while phase II drilling intersected one metre at 13.2g/t gold from 34 metres.
“The third phase of drilling at the Burracoppin project was designed to test for depth and strike extensions of the main mineralised trend as well as test newly discovered areas that have never been drilled,” Vice President of Exploration and Geology Johan Lambrechts said.
“This is naturally a very exciting time in the development of the Burracoppin project as we look to move the project towards the delineation of a maiden JORC mineral resource.
“The design of the phase III program tested several exciting, previously untested, and potentially new zones of mineralisation which we hope will add significantly to the mineralisation footprint and future resource potential of the project.”
All the samples have been sent to the laboratory for analysis with the results to be reported on in due course.
Shares in Askari were up 1.89 per cent on the market and were trading at 27 cents at 3:38 pm AEST.