- Sunshine Gold (SHN) has received the final batch of results from two prospects within the Triumph Project in Queensland
- Thirteen holes were drilled over the Big Hans and Super Hans prospects as part of a broader reverse circulation drilling program at Triumph
- Pleasingly, drilling at Big Hans intersected gold grading up to 11.53g/t and also extended mineralisation to over 240 metres
- In addition, drilling at Super Hans intersected the mineralised structure and returned up to 3.15g/t gold
- Sunshine Gold plans to recommence drilling in the September quarter to potentially complete a maiden resource
- Company shares ended the day trading down 7.27 per cent at 5.1 cents
Sunshine Gold (SHN) has received the final batch of results from drilling at two prospects within the Triumph Project in Queensland.
This 7126-metre reverse circulation (RC) drilling program targeted several prospects within the gold project. However, today’s results are from the Big Hans and Super Hans prospects.
Seven holes were drilled at Big Hans which have returned high-grade results including four metres at 11.53g/t gold from 69 metres and two metres at 9.56g/t gold from 63 metres.
Pleasingly, drilling led to mineralisation extending to over 240 metres of strike and is open in all directions.
“Sunshine Gold has now extended the Big Hans high-grade core of mineralisation over 200 metres of strike, to depths of 150 metres and significantly the system remains open in all directions,” Managing Director Damien Keys said.
Sunshine Gold drilled six holes at the Super Hans prospect to define a high-grade core to mineralisation.
This prospect also returned positive results which include three metres at 3.15g/t gold from 69 metres and two metres at 2.66g/t gold from 71 metres.
The company plans to use these findings to continue drilling at Super Hans, Big Hans and at the previously drilled New Constitution South prospect.
“This successful step-off drilling campaign provides a great platform to aggressively pursue maiden resource opportunities in follow up drilling planned in the September 2021 quarter,” Damien concluded.
Company shares are down 7.27 per cent and are trading at 5.1 cents at market close.