Ordell Minerals (ASX: ORD) has reported a bonanza gold grade of 182.32 grams per tonne from infill drilling at the McNabs East target within its flagship Barimaia project in Western Australia.
The company completed the 58-hole reverse circulation campaign for 4,775 metres on the western side of the prospect last year across 400m of strike to a maximum vertical depth of 90m.
The advanced Barimaia project is located in WA’s Murchison region nearby to several gold processing plants and adjacent to the Mt Magnet mill owned by Ramelius Resources (ASX: RMS).
Ordell acquired its 80.3% interest in the project from Genesis Minerals (ASX: GMD) in mid-2024, which is now a major shareholder of Ordell with 6.5% equity.
Strong Mineralised Zones
The first 18 holes intersected strong zones of mineralisation, with best results of 2m at 92.2g/t gold from 60m including 1m at 182.32g/t from 61m, and 15m at 4.41g/t gold from 65m including 2m at 26.6g/t from 76m.
Other highlights were 18m at 1.05g/t gold from 79m including 9m at 1.66g/t from 86m, 9m at 1.49g/t gold from 99m, and 8m at 1.67g/t gold from 68m.
Diamond drilling of one hole returned 5.45m at 1.25g/t gold from 240.5m to end of hole, located 90m down-dip of strong mineralisation intersected in a previous hole.
Ordell expects to recommence drilling at Barimaia in February, targeting immediate extensions to McNabs East while aiming to unlock potential new discoveries along the more than 7 kilometres of strike.
High-Grade Assays
Managing director Michael Fowler said the high-grade assays were a positive start to the new year.
“We are very pleased to start the year by announcing some excellent high-grade results from the first part of our program at McNabs East,” he said.
“Our drilling has confirmed a robust zone of shallow gold mineralisation which dips moderately to the south and comes to within 10m of surface, and we expect to follow this up with the targeting of extensions to known mineralisation and new discoveries along strike and down the interpreted plunge to the east.”
The company is targeting new discoveries of a similar style to Ramelius’ Eridanus deposit within its Mount Magnet gold mining operations which hosts a mineral resource estimate of 24 million tonnes at 1.7g/t gold for 1.3 million ounces contained gold.
