- Walkabout Resources (WKT) confirms an extension of a high-grade mineralised zone within its Blackcraig lead-zinc-silver project in Scotland through maiden drilling work
- Between October 2021 and February 2022, the company drilled 11 diamond holes at Blackcraig to target extensions of the mineralised areas beneath historical mines
- Walkabout struck up to 12.4 per cent zinc, 4.9 per cent lead and 3.7 g/t silver in the area, confirming the presence of lead and zinc mineralisation beneath the mines
- The company says the results support the high-grade nature of the prospects and warrant further interpretation and follow-up drilling
- Shares in Walkabout have been in voluntary suspension since the end of May, last trading at 21.5 cents on May 27
Walkabout Resources (WKT) has confirmed an extension of a high-grade mineralised zone within its Blackcraig lead-zinc-silver project in Scotland through maiden drilling work.
Between October 2021 and February 2022, the company drilled 11 diamond holes at Blackcraig for 1676 metres to target extensions of the mineralised areas beneath the underground mine as well as potential parallel structures to the main mining trend.
The drilling was undertaken over roughly 880 metres of strike at the main west-northwest east-southeast structures.
The best results include a 0.8-metre hit at 12.4 per cent zinc and 3.7 grams per tonne (g/t) silver from 56.2 metres and a 4.71-metre hit at 1.3 per cent lead and 0.19 per cent zinc from 91 metres. This second hit included a 1.02-metre zone grading 4.9 per cent lead and 0.40 per cent zinc from 94.69 metres.
The company said these results confirmed the presence of lead and zinc mineralisation beneath the historical mines at Blackcraig and confirmed the stringer, vuggy and dispersed nature of the sulphides.
Further, the results support the high-grade nature of the prospects and warrant further interpretation and follow-up drilling.
“As expected, the results confirm the continuation of high-grade mineralisation beneath the old underground mine workings and are invaluable to our understanding of the controls and type of mineralisation in the area,” Walkabout CEO Andrew Cunningham said.
“The company’s large footprint in what is seen as an unexplored and potentially high-grade mineralised region further supports the need for a modern, systematic and well-planned approach to mineral exploration in Scotland and, more broadly, the security of supply of critical metals in the United Kingdom.”
Shares in Walkabout have been in voluntary suspension since the end of May, last trading at 21.5 cents on May 27.