WIN Metals Expands Butchers Creek Gold Pipeline with New Ruby Queen North Trend

WIN Metals (ASX: WIN) has identified a 500m gold trend for drilling follow-up at the Ruby Queen North prospect within its Butchers Creek project in Western Australia.

WIN confirmed Ruby Queen North as a leading exploration target during its July field reconnaissance program at Butchers Creek, which investigated eight historical prospects including Europa, Halls Gully, Sabre, Anomaly 8, Oberon and Nuggety Gully.

Further work found the mineralised corridor hosts multiple prospects, including Union, West and Left, Goliath and Rising Sun, with ongoing exploration identifying potential to extend this trend northwards to Sunny Corner, which would increase the prospective gold corridor to over 900 metres.

Continuity of Mineralisation

Chief executive officer Steve Norregaard said additional work is now underway to confirm the continuity of mineralisation across this expanded zone.

“These results further strengthen WIN’s understanding of the regional mineralisation trends at Butchers Creek.” he said.

Mr Norregaard added that recent exploration success at Emjay 2km to the north, coupled with its progress at Ruby Queen North, has expanded WIN’s pipeline of targets from conceptual to drill-ready.

“The Kimberley region continues to demonstrate outstanding potential to generate substantial value for WIN shareholders and local stakeholders alike.”

Historical Gold Workings

Importantly, this new line of prospects is aligned with the historical gold workings at Ruby Queen to the south, and Rising Sun to the north.

Ruby Queen produced 9,678 tonnes at 20 grams per tonne for a total of 6,216 ounces of gold between 1897 and 1940, while Rising Sun produced 577t at a higher grade of 26g/t, yielding 481oz of gold over the same period.

Butchers Creek hosts a global mineral resource of approximately 359,000 ounces of gold from two resource areas, Butchers Creek and Golden Crown.

The most recent gold mining at the site occurred between 1995 and 1997.

Radio Gold Mine Deal

Earlier this month WIN signed a binding memorandum of understanding to acquire the ready-to-mine Radio gold project in the Yilgarn region of WA.

The acquisition from private company Top Global Mining includes a portfolio of tenements, along with an extensive range of mining and processing assets, accommodation facilities, vehicles and other equipment.

With key infrastructure already established, equipment in place, construction of a 500,000tpa processing facility well advanced, and two ball mills on site, WIN is confident it can quickly bring the project into production.

A recent mineral resource estimate identified 210,000t of ore grading at 4.23g/t, totalling 28,600oz of gold, and WIN envisions a new strategy for this asset with ongoing underground development and the potential for multiple shallow open pits.