Initial results from reconnaissance air-core drilling at the St. Arnaud Project has shown signs of strong gold mineralisation from wide space drilling.
St. Arnaud, a historical goldfield which yielded over 400,000oz of gold between 1855 and 1916, is being tested for gold mineralisation potential in both shallow legacy workings and a deeper, 2,000m drilling program.
Drills have also already hit 1m @ 1,174g/t gold intercepts at the legacy New Bendigo Mine.
Nine out of 12 (east-west oriented) traverse lines have produced these results, confirming strong potential to discover significant economic gold mineralisation.
Read the full announcement here: Drill results highlight shallow gold potential at St Arnaud