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Si6 Metals (ASX:SI6) completes phase three drilling at Monument, WA

ASX News, Materials
ASX:SI6      MCAP $7.107M
08 November 2022 13:52 (AEST)

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Si6 Metals (SI6) has completed the phase three aircore drilling program at the Monument gold project in Western Australia.

The company completed 119 aircore holes across the Fred’s Well and North Well prospects, and along the Korong felsic intrusion and the ultramafic rock unit extending from Glencore’s Murrin Murrin operation.

Drilling began in mid-October to follow up on previous drilling at North Well which encountered broad zones of anomalous gold mineralisation.

At Fred’s Well, Si6 encountered “promising” geology over the 750-metre strike with mafic and felsic volcanics, chert, intrusive porphyry, ultramafic and sediment intersected.

Complex geology was intersected at North Well with quartz-rich granite, sediments, porphyry and mafic volcanics encountered.

Drilling along the Korong felsic intrusion intersected multiple porphyritic felsic dykes hosted in mafic volcanics with quartz veining.

Further, maiden drilling along Murrin Murrin intersected quartz-rich granite, gabbro, gneiss, amphibolite and dolerite.

All samples will be sent to ALS Laboratories in Kalgoorlie for gold and multi-element analysis with results expected in mid-December.

Shares in SI6 last traded at 0.6 cents at 1:49 pm AEDT.

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