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- Standout results from ongoing grade drilling at Mt Stirling.
- Ten intercepts confirm wide, consistent ore envelope.
- Results provide critical input for pit design and selective mining studies.
GoldArc Resources (ASX:GA8) has received “standout” results from a fifth batch of assays from a reverse circulation grade control program at the Mt Stirling gold deposit.
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Results from this batch returned consistently broad, high-grade intercepts across the eastern sector of the deposit, with one interval exceeding grades above the Mt Stirling indicated resource grade of 2.1 grams per tonne.
Multiple broad intercepts were returned across the east, confirming a wide and continuous ore envelope that underpins robust mine plane development.
“These continue to build a clear picture of the Mt Stirling ore body. The broad intercepts we’re seeing across the eastern sector are consistent with the grade and width we’ve observed across the northwestern and central sectors in prior batches. That consistency across the full deposit footprint is encouraging and will assist our ongoing mine planning work with BML Ventures,” MD, Paul Stephen, said.
“With the program now past halfway, we have a substantial dataset. We look forward to reporting further results as the remaining batches are processed and to continuing with BML Ventures in mine planning.”
Around 19,180 metres of the 34,000m grade control RC program has now been completed, representing more than 56% of the total planned metres.
Narrow, high-grade shoots continue to be observed alongside the broader envelope, including 2m at 26.10 g/t from 6m, demonstrating high-grade shoot architecture identified in prior batches extends east. This batch of assays returned broad mineralised intervals with ten intercepts of 7m or greater.
Further assay batches are in progress and will be released progressively.
GA8 is steady at 6.9¢. Mkt cap $39.53M.
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