Monger Gold hits high-grade mineralisation at Mt Monger North tenements
Monger Gold has intersected high-grade gold during infill drilling at the Providence and Canista prospects.
Infill drilling at the Providence and Canista prospects within the Mt Monger North project in Western Australia’s eastern goldfields has uncovered significant high-grade mineralisation for newly-listed explorer Monger Gold (ASX: MMG).
The 600-metre initial program comprised a total nine holes, with seven drilled at Providence and two at Canista to build on historical drillhole results and provide information for additional drilling campaigns.
Significant intercepts at Providence were 3m at 7.07 grams per tonne gold from 14m including 1m at 15.99g/t; 8m at 16.15g/t gold from 60m including 1m at 111.4g/t and 1m at 15.01g/t; and 8m at 31.84g/t gold from 66m including 1m at 37.03g/t, 1m at 18.2g/t and 1m at 190.06g/t.
The results compare to historical highlights from the prospect such as 1m at 20.7g/t gold from 54m; 2m at 4.21g/t gold from 33m; 2m at 7.93g/t gold from 8m (including 1m at 14.3g/t) and 1m at 1.86g/t from 22m; 1m at 13.7g/t gold from 8m; 2m at 2.5g/t gold from 11m; and 5m at 7.17g/t gold from 9m.
Two reverse circulation drill holes at Canista also showed evidence of gold mineralisation, with assays including 1m at 0.27g/t gold from up to 34m; 1m at 0.82 g/t gold from up to 11m; 1m at 0.45g/t gold from up to 41m; and 1m at 0.5g/t gold from up to 53m.
Next move
Monger Gold non-executive chairman Peretz Schapiro said the grades returned from both prospects will help the company plan its next move.
“Providence returned some bonanza gold grades which have provided us with the encouragement to undertake a larger definition drilling program at this location,” he said.
“Results from Canista showed that there is gold mineralisation present and further investigation is warranted so we have planned further definition drilling at both prospects as part of our broader exploration strategy.”
Prospect location
The Providence prospect sits immediately adjacent to and potentially along strike from the Wombola Dam open pit gold mine, owned by Black Cat Syndicate (ASX: BC8) and acquired in mid-2020 from Silver Lake Resources (ASX: SLR).
The Mount Monger gold project sits nearby and adjacent to Silver Lake’s flagship Mount Monger operation.
The Mt Monger North tenement package is positioned within the Achaean Norseman-Wiluna Greenstone Belt, which has been subdivided into a number of geological terrains separated by regional faults.
The north-northwest trending Mount Monger Fault, in the south-east portion of the holding, transects the project area separating the Gindalbie Terrain in the northeast from the Kalgoorlie Terrain in the southwest.
The Gindalbie Terrain consists of a lower mafic to felsic volcanic sequence overlain by a thick ultramafic to mafic succession known as the Bulong Complex.
The low angle Hampton Fault is regarded as the contact between the two sequences, which have been folded into a broad, north-south plunging feature known as the Bulong anticline.