- Gold explorers Monger Gold (MMG) commences drilling at the Providence prospect, located within the Monger North project, near Kalgoorlie, WA.
- The drilling program includes three drill holes to determine structure and extensions of the gold sample
- Additionally, Monger has also released the final results from the recent reverse circulation drilling program which returned 10 metres at 2.69g/t from 89 metres
- On the market today, Monger is up 3.92 per cent and trading at 26.5 cents per share
Monger Gold (MMG) has commenced a diamond drilling campaign at the Providence prospect, located within the Monger North project in WA
Monger North is located in the Eastern Goldfields Province of the Achaean Norseman-Wiluna Greenstone Belt, 30 kilometres south-east of Kalgoorlie Boulder.
The drilling program includes three drill holes to determine structure and extensions of the gold sample.
Additionally, Monger has also released the final results from the recent reverse circulation drilling program which returned 10 metres at 2.69g/t from 89 metres which compare favourably with four-metre composites of 12 metres at 2.19g/t.
These samples act as QA/QC indicators that separate sampling of both four-metre composites and one-metre samples is performed appropriately without bias.
“We are hopeful that further intercepts with similar widths are discovered at Providence, suggesting that the mineralization found to date may be more conducive to open-pit extraction,” Chairman Peretz Schapiro said.
“Diamond drilling is now underway at the Providence Prospect to determine the deposit structure as we seek to find further extensions to this system. We look forward to announcing the results of this drilling in the coming weeks.”
On the market today, Monger was up 3.92 per cent and trading at 26.5 cents per share at 11:53 am AEDT.