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GME Resources (ASX:GME) begins soil program at Abednego

ASX News, Mining
14 December 2021 14:10 (AEST)

Kimberley, Western Australia

GME Resources (GME) has commenced a soil sampling program at its Abednego Project in Western Australia.

The detailed ultra-fine fraction (UFF) program covers historic gold surface geochemical anomalies and is targeting gold mineralisation within the highly-prospective Federation
shear zone.

Notably, the program will cover seven kilometres of the shear zone.

UFF soil sampling is a new exploration technique being developed in conjunction with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) as a
method to explore for minerals including gold, nickel and copper.

The program is designed to find new gold anomalies and verify historic soil and vacuum gold anomalies.

Abednego is located approximately 45 kilometres east of Leonora, in the Eastern Goldfields of Western Australia.

GME Resources’ Managing Director, Jamie Sullivan, is “very optimistic about the potential for further mineralisation to be identified from this survey.”

“The Federation shear zone is one of several exciting exploration targets within the Abednego Project, centrally positioned within the Norseman-Wiluna greenstone belt, adjacent to excellent infrastructure and strategically located within short trucking distance of a number of operating gold plants,” he said.

On the market today, GME was up 1.85 per cent and is trading at 5.5 cents per share at 1:15 pm AEDT.

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