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- Wildcat Resources (WC8) wraps up diamond drilling at the Highway Prospect within its wholly owned Mt Adrah Gold Project in New South Wales
- Three diamond holes tested the source of a 500-metre-long soil anomaly of more than 95 part per billion gold, with results pending
- WC8 says the latest results from its regional soil sampling program at Mt Adrah have defined several “exciting” anomalies for infill and follow-up work
- Shares are in the grey at 2.4 cents at 11:56 am AEST
Wilcat Resources (WC8) has wrapped up diamond drilling at the Highway Prospect within its wholly owned Mt Adrah Gold Project in New South Wales.
Three diamond drill holes tested the central portion of a coherent 500-metre-long soil anomaly of more than 95 parts per billion gold that was associated with a stepover splay of the Gilmore Suture.
Wildcat said it intersected a broad zone of breccia veining at the target location but was awaiting assay results before drawing conclusions.
To date 914 assays have been returned from a major regional soil sampling program comprising 1097 samples across the Mt Adrah Project.
This amounts to 5304 soil samples across the project since Wildcat took over ownership in December 2019.
Notably, the company says recent sampling has identified several “exciting” gold and pathfinder element anomalies for infill sampling and follow-up work.
Wildcat Resources CEO Samuel Ekins said the company was pleased to have completed the Highway drilling program and awaited the assay results.
“The numerous gold and pathfinder anomalies identified by the regional soil survey have potential to be associated with significant mineral systems and infill soil sampling is underway to define additional targets,” he said.
“Highway is one of several emerging prospects on Wildcat’s tenements and others include Yaven, Dog Trap Creek and Bangadang.
“These prospects are related to the Gilmore Suture, which is associated with several gold deposits, including the 11-million-ounce Cowal Gold Mine.”
On Wednesday, shares were in the grey at 2.4 cents at 11:56 am AEST.
