Monger Gold kicks off diamond drilling at Providence after RC success
Drilling at Mt Monger North will test depth and extensions to mineralisation intercepted in the initial campaign last year.
A diamond drilling program has begun at Mt Monger North, the priority project for Monger Gold (ASX: MMG) with the target being the Providence prospect.
Recent reverse circulation (RC) drilling at Providence has returned 1m samples from 4m composites, assaying 10m at 2.69 grams per tonne gold, including a 1m interval at 10.69g/t gold.
That recent drilling campaign was itself a follow-up to the company’s program last October which returned assays of 8m at 16.15g/t gold from 60m; and 8m at 31.84g/t gold, which included a 1m interval at 190.06g/t gold.
The system at Providence remains open in two directions, northwest and southwest.
Monger North is located in the eastern goldfields, 30km southeast of Kalgoorlie-Boulder.
Aiming to find resource suitable for open pit mining
Chairman Peretz Schapiro said the 10m interval reported today is the broadest the company has found to date at a moderate gold grade and open towards the northwest at depth.
“We are hopeful that further intercepts with similar widths are discovered at Providence as would suggest that the mineralisation found to date may be more conducive to open pit extraction,” he added.
Earlier this week, Monger Gold reported the discovery of a new prospect, Hoffmann North, located 3.5km from Providence.
In reference to that, Mr Schapiro noted at the time that the Hoffman North discovery would bolster the company’s portfolio of prospective targets across its tenements.
“Drill results for this area illustrate the potential for generating new prospects with significant gold mineralisation at Monger North,” he said.
A few very shallow old workings were found to target quartz veins from surface, but potentially because of the deep weathering of the felsic volcanic host rock, gold was leached from the quartz veins.
Follow-up drilling is being planned at Hoffman North to target the veins which are open at depth and along strike.
Two other gold projects in WA
Monger Gold has two other gold projects in Western Australia.
Mt Monger South, 55km from Kalgoorlie, has seen minimal exploration since 2018 and that was largely restricted to rock chip sampling and data compilation desktop studies.
No significant results were recorded from that work.
The company has said previously it will carry our geophysical surveys to identify drill targets.
Gibraltar, 20km from Coolgardie, was explored in 2018 by Torian Resources (ASX: TNR) which drilled 50 holes around an old heap leach dump and found “significant” gold.
Monger Gold said its plan is to undertake work that will identify the origin of the gold.